The CNN Money Fear and Greed index showed almost no change in the overall fear level, while the index remained in the “Extreme Fear” zone on Wednesday.U.S. stocks settled higher on Wednesday, with the Nasdaq Composite gaining more than 100 points during the session.Federal Reserve officials are sharply divided on the future path of interest rates, casting significant doubt on the likelihood of a December rate cut and prompting a notable shift in market expectations.The minutes from the Federal Open Market C ...

Market Sentiment - The CNN Money Fear and Greed index showed a slight decrease, remaining in the "Extreme Fear" zone with a reading of 11.45, down from 11.52 [7][8] - U.S. stocks experienced a positive session, with the Nasdaq Composite gaining over 100 points [1] Federal Reserve Insights - The minutes from the Federal Open Market Committee (FOMC) meeting revealed a division among officials regarding future interest rate paths, leading to uncertainty about a potential December rate cut [2] Economic Data - U.S. exports of goods and services rose by $0.2 billion to $280.8 billion in August, while imports fell by 5.1% to $340.4 billion, resulting in a reduced trade deficit of $59.6 billion, down from $78.2 billion [3] Company Performance - Lowe's Companies Inc. shares increased by 4% after exceeding profit expectations for the third quarter, although sales fell slightly short [4] - Target Corp. reported a profit beat for the third quarter but had disappointing sales and lowered its full-year earnings outlook [4] Sector Performance - Most sectors in the S&P 500 closed positively, with information technology, communication services, and materials stocks showing the largest gains, while energy and utilities sectors declined [5] - The Dow Jones increased by approximately 47 points, closing at 46,138.77, while the S&P 500 rose by 0.38% to 6,642.16, and the Nasdaq Composite gained 0.59% to 22,564.23 [5] Upcoming Earnings - Investors are anticipating earnings results from Walmart Inc., Maximus Inc., and Intuit Inc. [6]

Core Insights - The U.S. trade deficit fell sharply by nearly 24% in August, narrowing by $18.6 billion to a total of $59.6 billion, attributed to declining imports following new tariffs from the Trump administration [1][7]. Economic Impact - A narrowing trade deficit can indicate improved economic conditions, influencing prices and job availability. In August, imports declined by over 5% from July, while exports saw a slight increase [2]. - The improvement in the trade deficit is expected to positively impact third-quarter GDP, with the Atlanta Federal Reserve updating its GDPNow projection to 4.2% [4]. Trade Dynamics - The trade deficit has fluctuated throughout the year, with an initial increase due to a rush to import goods before tariffs were implemented, leading to a 0.6% contraction in economic growth in the first quarter. However, as imports decreased, GDP rose to 3.8% in the second quarter [5]. - Year-to-date through August, the U.S. trade deficit stands at $142.5 billion, reflecting a 25% increase compared to the same period in 2024 [6]. Tariff Effects - Imports from Canada fell by $1.7 billion due to a 35% tariff on non-USMCA products, while U.S. exports to Canada increased, reducing the trade deficit with Canada to $3 billion [8]. - Swiss imports to the U.S. dropped by $6.8 billion in August following a 39% tariff, which was later reduced to 15% after negotiations [9].

Group 1 - The S&P 500 and Nasdaq are experiencing gains ahead of Nvidia's earnings report and upcoming labor data [2] - August's trade deficit was narrower than expected, which is seen as a positive indicator for Q3 GDP as it suggests more U.S. spending on domestic goods and services [2] - Treasury yields have bounced back from an early decline, indicating an improved market sentiment on Wall Street [1]

U.S. Trade Deficit Shrank In August As Trump’s Tariffs Took Effect, Delayed Data Showshttps://t.co/sgDA1WR62U https://t.co/AT8kUaRUWK ...

Group 1: Currency Movements - The dollar index (DXY) increased by +0.39%, reaching a 1.5-week high, driven by weakness in the yen and a narrowing US trade deficit [1][3] - The yen fell to a 9.75-month low against the dollar due to dovish comments from a Japanese government advisor and concerns over Japan's increasing debt burden [6][1] - The euro declined by -0.23% to a 1-week low, influenced by the dollar's strength and central bank divergence, with the ECB expected to halt rate cuts while the Fed may continue to cut rates [4][5] Group 2: Economic Indicators - The US trade deficit for August narrowed to -$59.6 billion from -$78.2 billion in July, better than the expected -$60.4 billion [3] - US MBA mortgage applications decreased by -5.2% in the week ending November 14, with the average 30-year fixed mortgage rate rising to 6.37% [2] - Japanese core machine orders saw their largest increase in six months, and the 10-year Japanese government bond yield reached a 17-year high of 1.781% [7]

India’s trade deficit widened to a record in October as imports rose due to higher domestic demand after a cut in consumption tax, while outbound shipments fell due to US tariff policies https://t.co/USsS6fZBD5 ...

I think what's really at stake most of all is whether or not the president has violated the constitution because again we have to go all the way back to the founding of our country. You know, no taxation without representation is on that license plate on everybody in the District of Columbia. And what it really is saying is the Constitution gives to the Congress, not to the president, the power to impose taxes or tariffs. the Constitution gives to the Congress, not to the president, the right to regulate fo ...

Trade Balance - China's October trade surplus was 90070 million USD, with expectations of 95600 million USD [1] - China's October trade surplus was 640490 million CNY [1] - China's January-October cumulative trade surplus with the US was 233420 million USD [1] - China's January-October cumulative trade deficit with Russia was 19110 million USD [1] Export Trends - China's exports to the US decreased by 178% year-on-year in USD terms from January to October [1] - China's exports to Russia decreased by 126% year-on-year in USD terms from January to October [1] - China's exports in October decreased by 11% year-on-year in USD terms [1] - China's exports in October decreased by 08% year-on-year in CNY terms [1] Import Trends - China's imports from the US decreased by 126% year-on-year in USD terms from January to October [1] - China's imports from Russia decreased by 67% year-on-year in USD terms from January to October [1] - China's imports in October increased by 10% year-on-year in USD terms [1] - China's imports in October increased by 14% year-on-year in CNY terms [1]

Trade Deficit - India's trade deficit widened in September [1] International Trade Relations - The widening occurred after the US imposed its highest tariffs in Asia on Indian goods [1]