💨 Abstract

Global stocks stabilized on Thursday as the rally caused by Donald Trump's AI infrastructure spending plans waned, and investors remained cautious about potential trade policies. Unemployment data showed a strong labor market in the U.S., but uncertainty over tariff impositions weighed on equities while Treasury yields rose, signaling inflation concerns. Trump's policies were deemed to be creating inflationary pressures, potentially leading to higher interest rates and market volatility.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖