The recent gains in the market are just short -term optimism

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Merchants work on the New York Stock Exchange on June 3, 2025.

New York

During the past week, Washington and Beijing were commerce Criticism About the violation of the initial trade deal. Regardless, A higher tariff of steel and aluminum US President Donald Trump announced on Wednesday.

Amid all commercial tensions, the Organization for Economic Cooperation and Development reduced the expectations of American and global growth for this year, noting “the barriers that prevent the tightening of financial conditions, the weakest business confidence and consumption and the increase in uncertainty in politics.”

However, investors are still paying shares, as NVIDIA regained the crown of the most valuable public companies. However, Sam Stoval of CFRA Research believes that the market “will” will just a kind of bob and weave in the meantime until we start getting a clearer understanding, if we get one, from expectations for profits, GDP growth, etc. “

In other words, the recent gains in the market are unlikely an indication of a long -term path. Where the stocks go depend on the place where the American economy lands amid the developments surrounding the definitions.

What you need to know today

The markets rise in the United States and Europe
American stocks went up on TuesdayReinforced by the height of chips stocks More than expected job opportunities in April. the S & P 500 Earn 0.58 %, and Dow Jon’s industrial average Advanced 0.51 % and Nasdak Closed 0.81 % higher. Europe Stoxx 600 The index increased by 0.09 %, Reverse losses Earlier in the day.

Nafidia owns again
Nafidia The shares added 2.8 % on Tuesday to close at $ 141.22, giving them the market value of $ 3.45 trillion. This step puts the chips maker before Microsoft 3.44 trillion dollars, which means that NVIDIA is again The most valuable company is circulating publicly In the world. The stock increased by more than 23 % during the past month with the continued growth of NVIDIA even by monitoring export and identifying customs tariffs.

OECD cuts the United States and the global growth rate
The Organization for Economic Cooperation and Development significantly Reducing its growth expectations for the United States To 1.6 % in 2025 of a previous estimate of 2.2 %, according to Tuesday a report. OECD also reduced global economic growth this year to 2.9 % of 3.1 %. The report said, “The big increases in the barriers that prevent trade,” said one of the factors that increase the possibility of growth.

Low inflation in the euro area is less than 2 %
Inflation in the euro area fell to 1.9 % in May – Under the goal of the European Central Bank of 2 % – on sharp declines in services, flash data from the Eurostat Agency showed on Tuesday. Reuters economists had expected May 2 % to reach, compared to No. 2.2 % in the previous month. The basic inflation, which excludes energy, food, tobacco and alcohol, also decreased to 2.3 % in May from 2.7 % in April.

Trump’s bill is “disgusting abomination”: musk
Elon Musk in Tuesday’s post on X Described US President Donald Trump is a “big and beautiful invoice”Confused abomination“then books The draft law “will greatly increase the giant budget deficit to $ 2.5 trillion (!!!)” Trump is still pressing American legislators to pass the bill, Rand Paul bombing After saying at “Squawk Box” of CNBC it is “not open” to support an increase of $ 5 trillion on the roof of the debt.

(Pro) Watch out for new stocks at S&P
Many financial services shares It can be recycled in S&P 500, according to Bank of America. The stocks are added to the index often High value Since the money -track money will add to their governor, investors must pay attention to the moves, which will be announced by the weekend.

Finally …

Texas flag outside the TDECU stadium in Houston, October 21, 2023.

Tim Warner Getty Images Sport | Gety pictures

Robotaxi planned in Tesla in Austin, a friend of technology, plays musk in his session in his hometown

Timing Entry will start for a long time to the Robotaxi-expected market later this month- Austin, Texas, which has emerged as a main battle of self -driving technology.

CEO Elon Musk Write After x Last week, the company tested Y Model Vehicles with no safety drivers on Texas Capital for several days.

But while the market is still emerging, Tesla is already facing a great deal of competition. alphabet Emo, Amazon Zoox, Volkswagen sub -company ADMT and Startup Avride are already in Austin.

“The winners of the space appear, and it is just a scaling issue,” said Toby Sengz, head of sales and partnerships at AVRIDE.





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