Group 1: Trade Agreements - The White House is set to reach a series of trade agreements with ten major trading partners, as stated by U.S. Commerce Secretary Howard Lutnick [3] - President Trump is preparing to finalize these trade agreements within the next two weeks to align with the July 9 deadline for reinstating high tariffs [3] - Treasury Secretary Scott Bessenet indicated that the Trump administration might sign around a dozen trade agreements before the Labor Day holiday on September 1 [3] Group 2: Inflation Indicators - The Personal Consumption Expenditures (PCE) price index for May showed a year-over-year increase of 2.3%, matching expectations, while the core PCE index rose by 2.68%, exceeding the forecast of 2.6% and reaching the highest level since February 2025 [5] - Economists anticipate that inflation will rise in the coming months as higher import tariffs are increasingly passed on to consumers [6] - Federal Reserve Chairman Jerome Powell indicated that inflation is expected to increase in June, July, and August due to tariffs reflecting in consumer prices [6] Group 3: Stock Market Performance - The S&P 500 and Nasdaq indices reached all-time highs, with the S&P 500 at 6178.3 points (up 0.59%) and the Nasdaq at 20294.93 points (up 0.64%) [8] - The S&P 500 has risen over 20% since its low on April 8, while the Nasdaq has rebounded 37% from its April low [8] - Nike's stock surged by 14% after reporting better-than-expected fourth-quarter earnings, with revenue of $11.1 billion, a 12% year-over-year decline but 3.8% higher than market expectations [9]
美股,新高!