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πŸ‡ΊπŸ‡Έ President Trump says the stock market is stronger than ever because of tariffs.

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JUST IN: πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³ President Trump says he hopes to make a 'complete' trade deal with China during his visit this week.

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NEW : πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³ Treasury Secretary Scott Bessent says the US has reached a "substantial" trade framework with China, potentially removing the need for Trump's 100% tariffs.

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πŸ“Š Key Events This Week:

1. Fed Interest Rate Decision - Wednesday

2. Fed Chair Powell Press Conference - Wednesday

3. Microsoft, Alphabet, Meta Earnings - Wednesday

4. President Trump Meets President Xi - Thursday

5. Apple and Amazon Earnings - Thursday

6. ~20% of S&P 500 companies report earnings this week

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JUST IN: πŸ’₯ Foreign central banks now own more gold than U.S. Treasuries for the first time in almost 30 years.

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πŸ‡ΆπŸ‡¦ Qatar’s royal family now owns more property in London than King Charles.

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πŸ“Š Market Overview:

SPX: $6791
NASDAQ: $23204
DXY: $98

Gold: $4060
Silver: $47
Bitcoin: $115064

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JUST IN: 🚨🚨 Gold falls under $4,000.

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JUST IN: πŸ‡¨πŸ‡­ Swiss lawmaker says they’re working to establish a strategic Bitcoin reserve πŸ”₯

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JUST IN: 🚨🚨 Amazon $AMZN to fire 30,000 employees starting tomorrow.

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πŸ‡ΊπŸ‡Έ President Trump says he may announce a new Federal Reserve Chair by the end of the year to replace Jerome Powell.

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πŸ‡ΊπŸ‡Έ US Department of Energy announces $1 billion partnership with $AMD to build two supercomputers.

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JUST IN: πŸ‡ΊπŸ‡Έ Federal Reserve expected to cut interest rates by 25 bps on Wednesday, Bloomberg reports.

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🚨 Chinese influencers now required to hold a university degree to discuss serious topics, or face fines up to Β₯100,000.

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JUST IN: 🚨 Trump says he will meet China’s President Xi tomorrow.

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JUST IN: πŸ”₯ Microsoft announces it now holds a 27% stake in OpenAI.

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🚨🚨 Recent Layoff Announcements:

1. UPS: 48,000 employees
2. Amazon: Up to 30,000 employees
3. Intel: 24,000 employees
4. Nestle: 16,000 employees
5. Accenture: 11,000 employees
6. Ford: 11,000 employees
7. Novo Nordisk: 9,000 employees
8. Microsoft: 7,000 employees
9. PwC: 5,600 employees
10. Salesforce: 4,000 employees
11. Paramount: 2,000 employees
12. Target: 1,800 employees
13. Kroger: 1,000 employees
14. Applied Materials: 1,444 employees
15. Meta: 600 employees

The labor market is clearly weakening.

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JUST IN: πŸ‡ΊπŸ‡Έ 98% chance the Federal Reserve cuts interest rates by 25 bps tomorrow, according to Polymarket.

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BREAKING: 🚨🚨 The US and China are set to reduce port fees on shipments between both countries, per WSJ.

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🚨🚨 Microsoft, $MSFT, and Apple, $AAPL, officially become the 2nd and 3rd companies in the world to be worth over $4 TRILLION.

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