US stocks face uncertainty as President Donald Trump’s new tariff threats against the European Union and Apple may shake off their gains. The news comes ahead of April data on the Fed’s preferred inflation gauge, which will be released on Friday.
Investors are bracing for a volatile summer due to concerns over US government debt, long-dated Treasurys with rising yields, and Japan’s bond yields jumping out of control. These macroeconomic factors may lead to further outflow from US assets, further complicating the market landscape.
A long holiday weekend provides a rare moment of calm before a potentially stormy summer. With tariffs likely to remain a major factor, investors are advised to keep a close eye on the markets and be prepared for any unexpected twists.
Source: https://www.marketwatch.com/story/trumps-new-tariff-threats-may-shake-stocks-rally-as-investors-embrace-long-hot-summer-ce270757