Canadian Prime Minister Mark Carney said immediate action to reduce Chinese tariffs on Canadian goods such as canola was never a realistic outcome for his Friday meeting with Chinese President Xi Jinping https://t.co/WnpEilUtO6 ...

Core Insights - The year 2025 has been marked by significant market volatility driven by President Trump's economic policies, particularly regarding tariffs and trade negotiations [1][14] - The U.S. stock market experienced a dramatic decline following the announcement of new tariffs, leading to the largest two-day loss in market history [2][3] - Despite initial shocks, the market rebounded sharply after a temporary pause in tariff increases, showcasing its resilience [4][12] Market Reactions to Tariffs - On April 2, 2025, President Trump announced sweeping tariffs, resulting in a global stock market crash and erasing $6.6 trillion in value over two days [2][3] - The Nasdaq Composite fell by 1,600 points, the S&P 500 dropped 4.84%, and the Dow Jones Industrial Average decreased by 1,679 points [3] - Following China's retaliatory tariffs, the Dow Jones fell another 2,231 points, but a subsequent pause in tariff increases led to a significant market rally [4] Trade Negotiations and Agreements - On October 30, 2025, President Trump and Chinese President Xi Jinping reached an agreement to lower tariffs on Chinese imports from 57% to 47%, which initially caused mixed reactions in the market [5][6] - Earlier in the year, tariffs on Chinese imports were reduced from 145% to 30%, leading to a rally in stocks [6] - The pattern of brinkmanship followed by last-minute agreements has characterized the trade landscape throughout 2025 [5][6] Corporate Performance and Market Resilience - As of October 31, 2025, the S&P 500 had a year-to-date return of 16.3%, with the Nasdaq Composite gaining 22.9% [12] - Strong corporate earnings, particularly from tech giants like Amazon, contributed to market buoyancy, despite mixed results from other tech stocks [12][13] - The market has shown resilience in the face of policy uncertainty, adapting to both presidential announcements and corporate performance [12][14] Analyst Perspectives - Analysts have noted that while Trump's economic agenda is generally market-friendly, it carries inherent risks related to tariffs and trade policies [10][11] - Goldman Sachs raised its S&P 500 outlook to 6,900, citing factors like Fed rate easing, despite concerns over the impact of tariffs on growth [10] - The recent trade truce with China was viewed as a de-escalation rather than a significant step forward, indicating ongoing challenges in trade relations [11]

Core Viewpoint - The Federal Reserve is navigating economic challenges with a focus on labor market conditions and inflation data, despite criticisms of its policy approach [1][2][11]. Inflation and Economic Data - Current inflation rates are reported at 3% year-over-year, with core CPI also at 3%, indicating persistent inflation concerns [4][10]. - Grocery prices have increased by 3.2% over the past year, reflecting ongoing public concern about inflation [5]. - The Federal Reserve anticipates inflation will decrease, with forecasts suggesting a return to target levels [10][12]. Policy Decisions - The Federal Reserve is considering cutting policy rates in December, based on data indicating that inflation will eventually decline [11][12]. - There is a belief that tariffs have a minor and temporary effect on inflation, and the Fed should focus on broader economic indicators [3][6][9]. Economic Growth Projections - The Federal Reserve's long-term growth forecast is set at 1.8%, which some analysts argue is overly conservative given current economic policies [13][14]. - There is optimism regarding potential productivity gains from technological advancements, although immediate impacts may not be seen [15][16]. Regulatory Environment - Deregulation is viewed as a means to lower capital costs and stimulate economic growth, paralleling the effects of interest rate cuts [21][22]. - The Federal Reserve staff considers the impact of deregulation and tax incentives when estimating potential GDP growth [20][21].

Funstrat's Tom Lee. He joins me now. It's good to see you as always.Welcome back. >> Great to see you, Scott. >> I'm going to take issue like I did last time with an a comment that you gave to our producers, Tom.You think it's still the quote most hated rally. I I just don't know how that still holds water given where we are. I mean, I I I interview people all day every day.I've got no bears around. Well, um I mean maybe some of the bears have gone to hiding Scott, but because the last time we talked, I wan ...

Core Insights - Newell Brands Inc. reported third-quarter results that fell short of expectations, leading to a significant drop in share price by over 31% during intra-day trading [1] Financial Performance - The company reported adjusted earnings of $0.17 per share, slightly below analyst expectations of $0.18 [2] - Revenue decreased by 7.2% year-over-year to $1.8 billion, missing forecasts of $1.88 billion [2] - Core sales declined by 7.4% compared to the previous year [2] Margin Analysis - Gross margin decreased to 34.1% from 34.9%, attributed to higher tariff-related costs [3] - Excluding a one-time $24 million impact from China tariffs, gross margin would have improved by 55 basis points [3] Segment Performance - Home & Commercial Solutions, which includes brands like Rubbermaid and Yankee Candle, experienced a core sales decline of 9.8% [3] - Learning & Development, which includes Sharpie and Paper Mate, reported a 5.6% drop in core sales [3] Future Outlook - The company has lowered its 2025 full-year outlook, now expecting net sales to decline by 4.5% to 5.0% and normalized EPS to be between $0.56 and $0.60 [4] - For the fourth quarter, Newell forecasts a revenue decline of 1% to 4% [4]

Welcome back to Trading 360. I'm Marley Kaden. It's time now for the 360 round.For that, let's bring in our panel to discuss Amazon's earnings. Joining us, Owen Carr, the chief merchandising officer at Spreeale and Charlie O'Shea from O'Shea investors. Thank you both for taking the time.You Charlie, we'll start with you. What are your thoughts on the report. >> They should be very happy.I mean, the stock price has rebounded. It's up almost 12%, I guess, at last read. And things are moving along.AWS finally ...

Amit Deriani, senior managing director at Evercore ISI joins me now. Amit, it's good to see you today. Talk to me a little bit about the Apple iPhone and what it is about this particular cycle that is going to lift lift Apple heading into December.>> Yeah, absolutely. Um, listen, I I think part of what's attractive about the cycle with iPhone 17, beyond the fact there's some good features here, it's the very simple reality that you had a very big iPhone purchasing cohort in 2020, 2021, kind of the pandemic ...

Listen to live coverage as the Supreme Court weighs whether to allow President Donald Trump to have power to impose sweeping tariffs on all goods imported to the United States. For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc » Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc » Subscribe to MSNBC on Instagram https://www.instagram.com/msnbc Download our new MSNBC app for the latest bre ...

Core Insights - The impact of tariffs on consumer prices is expected to become more pronounced as the holiday shopping season approaches, despite a muted effect so far this year [1] - Economists believe that tariffs have contributed to elevated inflation measures, with Bank of America stating that tariffs have pushed consumer prices higher [2] - Bank of America estimates that tariffs will add approximately 0.5 percentage points to the core PCE inflation measure, raising the expected inflation rate to 2.9% in September [3] Tariff Impact on Inflation - Tariffs are expected to keep inflation measures elevated, preventing them from declining as they otherwise would [2] - The core PCE inflation rate has been above the Federal Reserve's target of 2% since March 2021, with recent estimates indicating a rate of 2.9% in August [3][4] - Two Federal Reserve officials expressed disagreement with the decision to lower the central bank's key interest rate, highlighting the importance of inflation metrics [4] Consumer Burden - Consumers are estimated to bear approximately 50%-70% of the total costs associated with tariffs, with businesses absorbing the remainder [5]

In a sign of how US tariffs could be primed to unleash more pain on consumers, employees at arts and crafts retailer Michaels have been busy boosting prices on Halloween and fall items. https://t.co/oSeG2gDhHU ...