Look here! Recent news! Will tariffs be a flash in the pan again? Very important!

March ADP non-farm payroll data released

Recorded 155,000 people, higher than the expected 115,000, previous value 77,000.

This would usually lower expectations for the Federal Reserve to cut interest rates, which is bearish.

However, the market is now worried about a recession in the U.S., and good employment data may reduce recession expectations.

Additionally, the non-farm payroll data announced on the evening of the 4th may also continue to lower recession expectations, which is a slight positive.

Ultimately, it will depend on the announcement at 4 AM tonight.

The tariff announcement will be a bearish factor coming to fruition.

If it exceeds market expectations, there may be a small drop, but it will quickly recover.

If it is below market expectations, it will surge.