American economy is not looking down and not

New York Stock Exchange on April 8, 2025.

Angela Weiss | AFP | Gets the image

Despite the noise around tariffs and inflation fears, the US economy seems to be holding its position yet. June retail sales have received is stronger than expectedand weekly requirements out of work dropped below the forecasts.

Add the hard start of the profit season, and you have a recipe for record highs: S&P 500, and NASDAQ scored fresh tops.

So, is the economy resistant before changing the Trump administration trading? Are we just in the eyes of the storm, from August 1 – Trump’s tariffs – comes on the horizon?

Remember that economic data is always a step. The real -life -impact tariffs may not appear for months, especially if businesses and consumers accumulate ahead of time and Foreign exporters reduce prices.

Even when new tariffs get, the effects can be muted at first when the stocks are clear.

However, investors can still calm down that markets are withdrawal – not just fear and assumptions.

And so to borrow the line in Starship: US economy is still built on native data … not on rock and role.

– Lim Hui Jie

What do you need to know today

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S&P and NASDAQ storm to new records. American shares rose on Thursday of -was’ wages and economical data, with S&P 500 0.54% for record closure 6 297.36 – ninth this year. Technological heavy Nasdaq Composite Extended 0.75% for its tenth closing record in 2025, which ended at 20 885.65. In Asia, Australian actions reached record because other markets were mixed.

Trump AG is looking for transcripts of the jury Epstein. President Donald Trump said on Thursday evening what he asked General Prosecutor Pazi search Evidence of a large jury related to criminal prosecution A notorious pedophile.

Japanese inflation facilitates. In June, the main inflation cooled to 3.3%, having decreased from a 29-month maximum of 3.7%, when rice inflation showed signs of weakening. Increase in rice prices has decreased slightly, increasing by 100.2% over the year compared to 101.7% jump in May.

(Pro) American consumer pushes the fears of the recession. It seems US consumers prove economic pessimists According to a report on retail sales in June, it is incorrect if they bend their costs. But some alternative data indicate that the consumer is hanging there.

And finally …

The new fee is aimed at restoring integrity in the American immigration system, the CNBC government said.

Alan Shane photo | Image Bank Gets the image

Travelers in the US have to pay a new fee for $ 250 “

Visitors to the United States will have to pay “Visa integrity”, according to the provision of the recently adopted Trump administration One big beautiful bill.

The fee extends to all visitors who need Non -immigration visas Login and cannot be refused.

However, travelers can also receive compensation fees according to the Regulation.

– Monica Drinking

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