The S&P 500 futures and the dollar are climbing today, fueled by strong earnings reports from companies like Caterpillar and Pfizer, as well as optimism about potential interest rate cuts. Meanwhile, investors are keeping an eye on an upcoming tariff deadline that could impact markets.
Editor’s Note: This story matters because it gives a snapshot of how corporate earnings and central bank policies are driving market momentum. If big companies like Caterpillar and Pfizer are performing well, it signals economic strength, while rate-cut hopes suggest cheaper borrowing ahead—both good news for investors. The looming tariff deadline adds a bit of uncertainty, but for now, the mood is upbeat.
— Curated by the World Pulse Now AI Editorial System
Vietnam's exports in July surged by 16% compared to the same period last year, while industrial production also saw a healthy increase of 8.5%. This signals strong economic activity and growing demand for Vietnamese goods in global markets.
The White House is reportedly planning to take action against banks that have allegedly discriminated against former President Donald Trump, who claims he's been unfairly treated by financial institutions. The move signals a political escalation in Trump's ongoing battles with the banking sector.
Oil prices bounced back after hitting a five-week low, driven by former U.S. President Donald Trump's threats to impose sanctions on buyers of Russian crude oil. This raised concerns about potential supply disruptions, pushing prices upward.
A thinktank called the National Institute for Economic Affairs is warning that the UK chancellor will fail to meet her own fiscal targets unless taxes are increased. The group suggests that without this action, the government's financial plans could fall short.
Asian stock markets followed the downward trend of Wall Street, with shares dropping across the region, while the US dollar remained steady without significant movement.