💨 Abstract
President Donald Trump's call for lower interest rates and his proposed measures to lower oil prices, taxes, and tariffs boosted global stock markets on Thursday, with the S&P 500 hitting a record high. Investors, however, remain cautious about the potential impact of tariffs on trade and global economic growth. Bonds markets are bracing for eventual tariffs that may stoke inflation, with Treasury yields rising for a second day.
Courtesy: theprint.in
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