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Latest income on markets is probably just short -term optimism

On June 3, 2025, traders operated on the New York Stock Exchange.

Nyse

Last week Washington and Beijing were trade pinch about violation of the previous trading transaction. In addition, higher steel and aluminum tariffs Announced by US President Donald Trump on Wednesday.

Against the backdrop of all trade tensions, the economic cooperation and development, the USA has reduced its US and the forecast of global growth this year, and in the following, citing “barriers to trading tightening financial conditions, weaker business and confidence in consumers and increased uncertainty of politics.”

Investors, however, are still pushing shares, and Nvidia on Tuesday restore the crown of the most valuable public company. In view of this, the Sam Stovall CFRA Research believes that the market “will just be a bean and intertwine until we start more clearly if we get it, the visitor, GDP growth, etc.”

In other words, the latest income in the markets is likely not to indicate a long -term trajectory. Where stocks will depend on where the US economy is landing among the events that surround the tariffs.

What do you need to know today

Markets in the US and Europe grow
American shares rose on Tuesdayincreased lifts in chips and More than expected jobs in April. A S&P 500 scored 0.58%, Dow Jones Industrial Medium Extended 0.51% and Nasdaq Composite closed by 0.81% higher. Europe Stoxx 600 Index increased by 0.09% Back loss From the beginning of the day.

Nvidia again is the king
Nvidia The shares added 2.8% on Tuesday to close $ 141.22, which gave a market cap of 3.45 trillion. This step puts a chip -maker in front Microsoft’s 3.44 trillion. CAP, which means nvidia again – this The most valuable company that traded with publicly In the world. Over the last month, the stock has increased by more than 23%, as NVIDIA growth has been maintained even due to export control and tariff problems.

OECD reduces us and global growth rate
Organization of economic cooperation and development sharply reduce its growth forecast for the US up to 1.6% in 2025 with an earlier estimate of 2.2%, according to Tuesday report. The OECD has also reduced global economic growth to 2.9% this year. “A significant increase in trading barriers” is one of the factors that weigh the prospects of growth, the report said.

Inflation in the eurozone drops below 2%
In May, inflation in the eurozone decreased to 1.9% – Below 2% of the target of the European Central Bank – on a sharp decline in services, showed data from outbreaks of the Eurostat Statistics Agency on Tuesday. Economists interviewed by Reuters expected the reading could come by 2%compared to 2.2% of the previous month. The main inflation, which eliminates energy prices, food, tobacco and alcohol, also mitigated, falling to 2.3% in May with 2.7% in April.

Trump’s bill – “disgusting abomination”: Musk
Elon Musk on Tuesday at X described “Big, Beautiful, US President Donald Trump’s Bill” How “disgusting abomination“and after wrote that the bill “will increase massively the already giant budget deficit to $ 2.5 trillion (!!!)” Trump is still pressing Blast Rand Paul Once he said in “Squawk Box” CNBC that he is “just not open” to support $ 5 trillion debt.

(Pro) Keep track of new stocks in S&P
Several stock of financial services can turn into the S&P 500, depending on Bank of America. Reserves are often added to the index The rise in value Because the funds that monitor the benchmark will add it to their portfolios, so investors should pay attention to the moves that will be announced by the end of the week.

And finally …

The Texas Flag flies outside the TDECU stadium in Houston, October 21, 2023.

Tim Warner | Getty Images Sport | Gets the image

Planned Tesla launch Robotaxi in convenient technology Austin has a musk that plays in a contract in his hometown

Tesla The long-awaited entry to the Robotaxi market is waiting at the end of this month-will get into Austin, Texas, which became a key battlefield on self -government technology.

CEO Elon Musk wrote in a Message on x Last week, when the company conducted test vehicles without security in the Texas capital for several days.

But while the market remains charged, Tesla is already faced with hefty competition. Alphabet Waymo, Amazon Zoox, a subsidiary of Volkswagen Admt and Startup Avride are already present in Austin.

“Cosmos winners arise, and this is only a matter of scaling,” said Toby Snugg, Head of Sales and Partnership Relations at Avride.



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