Wall St set for lower open after Trump's new tariff salvo; spotlight on inflation data

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Wall St set for lower open after Trump's new tariff salvo; spotlight on inflation data

//business-finance.news-articles.net/content/202 .. ew-tariff-salvo-spotlight-on-inflation-data.html

Published in Business and Finance on Thursday, March 13th 2025 at 9:41 GMT by Reuters

Wall Street's main indexes were on track to open lower on Thursday after President Donald Trump upped his tariff rhetoric against the European Union, while investors found some reprieve from signs of cooling inflation.

The article from MSN discusses the anticipated lower opening of Wall Street following former President Donald Trump's announcement of new tariffs on Chinese imports, which has introduced uncertainty into the market. Investors are also focusing on upcoming U.S. inflation data, particularly the Producer Price Index (PPI) and Consumer Price Index (CPI), which could influence the Federal Reserve's future interest rate decisions. The market's reaction is mixed, with some sectors like technology showing resilience, while others like industrials and materials are more affected by the tariff news. Additionally, the article mentions that despite the tariff concerns, the broader market sentiment remains cautiously optimistic, supported by strong corporate earnings and economic indicators. However, the potential for inflation and the Fed's response to it are key focal points for investors.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/wall-st-set-for-lower-open-after-trumps-new-tariff-salvo-spotlight-on-inflation-data/ar-AA1AQHze ]

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