Goldman Sachs Raises S&P 500 Target to 6,900, Sees 11% Upside on Tech Strength and Fed Rate Cuts

Goldman Sachs has raised its 12-month target for the S&P 500 to 6,900, projecting an 11% potential return. The investment bank has turned more bullish on U.S. equities, citing the possibility of faster interest rate…

U.S. Plans to Reinstate High Tariffs on 12 Countries in August — Stock Futures Slip as Rates Could Rise to 70% if No Deal by July 9

The White House has announced that steep tariffs on imports from 12 countries will be reinstated starting August 1. If negotiations fail to reach a resolution by July 9, tariff rates on certain goods could…

OPEC+ Output Hike Sparks Oversupply Fears, Driving Oil Prices Lower as U.S.-China Tensions and Weak Chinese Economy Add Pressure

Global oil prices continued their downward trend this week after OPEC+ announced plans to increase production by 548,000 barrels per day starting in August 2025. The move sparked renewed concerns over a potential supply glut,…

U.S. Unemployment Rate Unexpectedly Falls to 4.1%, Cooling Rate Cut Expectations to 5% as Markets Watch the Fed

Stronger-than-expected U.S. jobs data has shifted the market outlook, with the unemployment rate unexpectedly falling to 4.1%. As a result, expectations for a Federal Reserve interest rate cut in July have cooled significantly. According to…

U.S. June ADP Jobs Report Unexpectedly Turns Negative, Hitting 15-Month Low — Fuels Recession Fears and Rate Cut Expectations

U.S. private sector job growth unexpectedly turned negative in June, with ADP data showing a loss of 33,000 jobs—the steepest drop in nearly 15 months. The downturn suggests that businesses are becoming more cautious in…

Trump Calls for Powell’s Resignation, Shaking Markets and Raising Questions About Fed Policy and Global Outlook

Former U.S. President Donald Trump has called for Federal Reserve Chair Jerome Powell to resign immediately, accusing him of misleading Congress over the costs of a major headquarters renovation. The controversy has sparked political and…

Weaker US Dollar Hits New Lows as Rate Cut Expectations Grow

The U.S. dollar’s recent performance has drawn significant market attention. Despite an increase in job openings, growing expectations of interest rate cuts have led to notable dollar weakness. The U.S. Dollar Index has fallen to…

U.S. Senate Narrowly Passes $3.8 Trillion “Big and Bold” Bill, Triggers Market Turmoil – Dow Surges While Tech Stocks Tumble; Musk and Trump Clash Grabs Headlines

In a closely contested vote, the U.S. Senate has passed the landmark $3.8 trillion “Great America Act,” a sweeping package that pairs aggressive tax cuts with deep spending reductions—sparking intense political debate. Following the news,…