Markets Breathe Again as Trump Softens Stance on Fed & China
Trump calms markets with softer tone U.S. stock futures are rising sharply after President Trump said he has no intention of firing Federal Reserve Chair Jerome Powell and signaled a friendlier approach toward China. Investors welcome the de-escalation in political tension.
European Union fines Apple and Meta The EU hits Apple with a $570 million fine and Meta with a $228 million penalty for violating the Digital Markets Act. Despite the heavy costs, both companies’ shares are climbing in premarket trading.
Tesla rebounds as Musk shifts focus Tesla shares are up after Elon Musk announced he will step back from government roles to dedicate more time to the company. The comment comes as Tesla struggles with weaker-than-expected Q1 results and a 41 percent decline year-to-date.
Bitcoin holds steady, gold retreats, yields dip Bitcoin remains near $93,500. Gold pulls back from recent highs. Treasury yields fall to 4.3 percent. A clear sign that risk appetite is returning, at least for now.
What’s Next?
This is a classic case of sentiment-driven markets. A single shift in rhetoric from Trump completely reversed investor mood. It’s a reminder that beyond fundamentals, headlines and politics still hold massive power in shaping short-term direction
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