Wall -Rate focuses on tariffs on Vietnam, not on the loss of work

If I had to choose between work and pay less than Nike shoes, you would see how I run barefoot to the office. The Wednesday market, however, suggested that Wall -Restitis preferred cheaper shoes.

The American economy has lost their jobs in the private sector in June, for the first time a job has been made since March 2023, Payrols Recovers Recovers ADP reports. This is even more amazing because the Dow Jones survey is tied to the number of jobs to expand 100,000.

Meanwhile, US President Donald Trump has announced on his website on social media socially that the country has concluded a trade transaction with Vietnam, in which the Southeast Asia nation will face 20% of imports in America. This means that companies that greatly rely on Vietnam for production eg Nike. Shopki and Mule
Lulhemonwill face less heavy cost and cannot go for prices so much, compared to the original tariff rate of 46%.

After weighing both news, investors decided that the good news was more important and raised the S&P 500 to the new high closure. Of course, the report of the ADP reported attentive results of the forecasting of the US Statistics Bureau. But you should still think about how this iconic financial markets can be slightly disconnected from the real economy: who can afford to buy shoes and pump stocks if they do not work?

Vietnam concludes a deal with America. Imports from the Southeast Asia country in the US will be Provided 20% tariffsWhile the US gains tariff access to the Vietnam Market, Trump announced Wednesday.

The S&P 500 rises to close on a fresh record. Index also scored an intra -daywhile Nasdaq Composite scored the closing record. Pan -European Stoxx 600 The index added 0.18%. Bond yields in the UK jumped further Upset at the Labor Party.

In June, the United States lost their jobs in the private sector. The work losses amounted to 33,000ADP reported on Wednesday. Economists interviewed by Dow Jones expected an increase by 100,000 jobs per month.

Tesla reports the fall of supplies in the second quarter. Elon Musk during this period delivered 384 122 vehicles, which is 14% compared to a year ago. But Tesla Stocks were over -grew because the numbers were better than some investors feared.

(Pro) Weak job report may cause a sale. If the numbers for June Salaries in June on Thursday – this is something similar to the ADP report, suggests that the JPMorgan trading table is thinking American stocks can collapse.

The slowdown economy meets a quick future

Life in China these days is a story of sharp contrasts. If my colleagues sort out hands on a sluggish economy in one conversation, the following shows how quickly artificial intelligence transforms the industries.

While the largest cities in China do not yet see the return on the previous days of the boom, there are signs that smaller grow rapid growth.

The starting glasses of the supplemented reality Xreal put in their own factory in the southeastern city “Level 2”, and earlier this year announced New Glass Product Works on XR Google The operating system.

– Evelyn Chen