Tariffs run into Legal Trouble

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News in Brief

Bloomberg:

  • Asian stocks dip on tariff whiplash, futures slip.
  • S&P 500 rally fades on tariff angst as bonds climb.

MarketWatch:

  • Dell’s earnings outlook blows past expectattions.
  • The tariff ruling could make passing Trump’s megabill harder.
  • US-China trade talks ‘stalled’, may require talks been Trump and Xi, Bessent says.
  • Nvidia needs to show investors the future. Its CEO is sure he’s found the answer.

yahoo! finance:

  • Trump’s tariffs can stay in effect, appeal court rules.
  • Dow, S&P 500, Nasdaq futures slip as Trump’s tariffs run into legal trouble.
  • Opinion: Trump set Musk up for failure.
  • Oil prices set for weekly drop with tariff legal battles, OPEC+ in focus.

Uncertainty on the markets as courts deliberate the future of Trump’s tariffs.

Global Indexes

S&P 500

Uncertainty about the tariff legal battle made the S&P 500 whipsawn and close with an uncertain hammer candle.

DAX

The DAX retreated onto its EMA8 line.

HANG SENG

The HANG SENG lifted its head but is giving it all back today with a 1.5% drop.

NYSE & NASDAQ Stocks

NVIDIA Corporation

NVDA lifted with a gap but stalled as the tariff legal battle emerged.

Caterpillar Inc

Uncertainty is everywhere to be seen similar to the doji of CAT.

JSE Stocks

JSE All Shares

The JSE All Shares steamed ahead ignoring the global uncertainties.

Shoprite Holdings Ltd

SHP blasted past its 200 DMA resistance with a 3.9% gain.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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