📈 American markets are on a new wave of optimism
On Thursday, Wall Street celebrated:
— S&P 500 and Nasdaq 100 hit new all-time highs again
— Everyone is happy, the economy is "stable", investors believe in a fairy tale
🧮 Why?
• The number of jobs increased by 147 thousand instead of the expected 110 — the wonders of statistics are alive
• Unemployment "suddenly" dropped to 4.1% — it seems someone found a job, while someone else stopped looking for one 🤷♂️
💻 The tech sector is again the hero of the day:
— Nvidia +1.3% (apparently, it hasn't grown tired yet)
— Synopsys +4.2% — thanks to the White House, which suddenly changed its mind about restricting software exports to China
— Cadence Design +5% — because "why not"
— Datadog +10% — it's being included in the S&P 500, and now it's officially "in the club"
🧾 Meanwhile, as the market celebrates, Congress has almost approved Trump's $3.4 trillion tax and budget package — well, no one has complained about the printing press yet
🇻🇳 Plus a bonus: the USA and Vietnam are discussing something again — which means everything is going according to plan (if there is one)
🎆 On Friday, the markets are taking a break — it's Independence Day. Chips and soda, and memes with bulls are also on the agenda.