Wall St edges higher after services sector data; tariffs in focus
1. Better-than-expected services data calms U.S. economy slowdown fears. 2. Investors anticipate a softer trade policy from President Trump.
FAQ
Why Bullish?
Positive economic indicators historically lead to S&P 500 gains; e.g., post-2016 election rallies.
How important is it?
Economic forecasts significantly affect investor sentiment; better data and trade policy may boost market confidence.
Why Short Term?
Immediate reactions to economic data typically influence short-term market movements.