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Did Trump grasp the "only soft persimmon"? Understanding in one article: What is the actual trade pattern between the UK and the US?
① Why did Trump prioritize reaching a trade agreement with the United Kingdom? What is the scale of trade between the United States and the United Kingdom? ② What is the difficulty of reaching this agreement, and can it serve as a "model" for the Trump administration's negotiations with other countries?
Former UK Ambassador Westmacott on Trade Deal with US
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S&P 500 Global Sectors Ranking: Autos, Components, and Durable Consumer Goods, Clothing, etc. have risen.
Closing price Change from previous day S&P 500 5663.94 +0.58% ■ Top rising sectors Autos and Components 153.97 +3.03% Durable Goods and Clothing 340.64 +1.72% Bank 471.01 +1.51% Capital Goods 1279.69 +1.50% Transportation 945.48 +1.40% ■ Top declining sectors Telecommunication Services 166.98 -1.48% Pharmaceutical and Bio.
Hong Kong Stock Morning Report | The trade agreement between the US and the UK boosts US stocks, with most China Concept Stocks showing strength.
① The USA and United Kingdom reached a trade agreement, but the details are yet to be finalized. ② The three major stock indexes in the USA closed higher, with most China Concept Stocks also gaining strength. ③ The number of initial unemployment claims in the USA last week was lower than expected. ④ The Bank of England cut interest rates by 25 basis points. ⑤ The financial markets in India and Pakistan are turbulent, with ongoing escalation of conflicts. ⑥ International Crude Oil Product futures prices rose by about 3%, and Bitcoin broke through $0.1 million.
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U.S. stock market close: The U.S.-U.K. trade agreement boosts the market, with all three major Indices collectively rising, the Nasdaq up over 1%.
① The three major U.S. stock indexes all closed higher, with the Nasdaq rising over 1%; ② Large Technology stocks collectively increased, with Google rising nearly 2%; ③ China Concept Stocks saw widespread gains, with the Nasdaq China Golden Dragon Index rising 0.97%.
U.S. Stocks Climb on U.S. Trade Deal With U.K. -- Market Talk
S&P 500 INDEX (SPX) Live: Broader Markets Rise on Bullish Trade Optimism
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Trump criticizes the Federal Reserve again for not lowering interest rates, but this time did not call for firing Powell.
① The Federal Reserve announces that it will maintain the target range for the federal funds rate between 4.25% and 4.50%, marking the third consecutive decision to keep rates unchanged; ② Trump criticized Federal Reserve Chairman Powell on social media, stating that he is "too late" and "clueless," but added that he "still really likes him."
Jobless Claims Fall in Latest Week, With No Sign of Recession or Layoffs
As holiday factors diminish, the number of initial unemployment claims in the USA has returned to a low level.
After a short-term surge during the spring holiday and Easter at the end of April, the number of initial unemployment claims in the USA showed a declining trend last week.
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