Markets, Jobs, & Tariffs: A Wild Week
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Markets rallied yesterday on de-escalation hopes in the Strait of Hormuz, despite oil staying above $110 a barrel. The S&P 500 edged up slightly, while the Dow dipped. Domestic crude held firm, and all eyes are on todays March jobs report. One year after President Trumps tariffs, the trade deficit remains high, and manufacturing jobs continue to decline. Teslas deliveries fell short due to high gas prices, but investors are optimistic about its AI pivot. OpenAI acquired tech news show TBPN, and a data leak exposed top AI labs info, raising national security concerns. Airlines face doubled jet fuel costs and hedge funds are dumping global stocks. The jobs print could tip the balance in these uncertain times.
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