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🛑 US stocks end 9-day rally

Trump’s new tariff sparks risk-off
ISM Services PMI: 51.6, but jobs weak
S&P500 capped at 200-day MA

Watch for Fed tone this week

#UMDailyInsight #SP500 #TariffWatch #FOMCPreview #Ultimamarkets
US Stocks Ended Winning Streak, Risk-Aversion Resurfaces - Ultima Markets
U.S. stock indices snapped their nine-day winning streak on Monday as investors reassessed the implications of former President Trump’s latest tariff announcement. Safe-haven assets like gold also ral...
www.ultimamarkets.com
May 6, 2025 at 6:11 AM
ultima-markets.bsky.social
👷‍♂️ US jobs beat forecasts in April:

+177K jobs
4.2% jobless rate
Dollar holds steady ahead of FOMC

Market expects rate cut by July
DXY range: 99–100.
This week’s Fed tone could shake it.

#UMDailyInsight #USDWatch #FOMCPreview #Ultimamarkets
U.S. April Jobs Report Offers Relief, Focus on FOMC | Ultima Markets
The U.S. labor market showed continued resilience in April, offering relief to investors concerned about a potential slowdown. Non-Farm Payrolls increased by 177,000 Jobs exceeding market expectations...
www.ultimamarkets.com
May 5, 2025 at 6:23 AM