Articles in this Cluster
22-07-2025
The article discusses the current state of the US stock market and economy, highlighting the S&P 500's new high above 6,300, despite the Trump administration's criticism of the Federal Reserve. US Treasury Secretary Scott Bessent called for a review of the Fed, questioning their decision not to lower interest rates. Other news includes Figma's potential $16.4 billion IPO valuation, Trump Media's $2 billion bitcoin holdings, and a fund manager's warning that the European defense sector's bull run may cool off.
Entities: Scott Bessent, Federal Reserve, S&P 500, Figma, Trump Media • Tone: analytical • Sentiment: neutral • Intent: inform
22-07-2025
The article discusses the current state of the stock market, highlighting the S&P 500's new high above 6,300 despite tensions between the Trump administration and the Federal Reserve. U.S. Treasury Secretary Scott Bessent criticized the Fed's decision not to lower interest rates, suggesting a review of the central bank. Meanwhile, Trump Media's significant bitcoin holdings and European small caps' growth potential are also noted.
Entities: Scott Bessent, Federal Reserve, S&P 500, Trump administration, U.S. Treasury Secretary • Tone: neutral • Sentiment: positive • Intent: inform
22-07-2025
European markets are expected to open lower on Tuesday due to concerns over tariffs imposed by the U.S. on EU goods. Earnings updates from Norsk Hydro and Julius Baer were mixed, with Norsk Hydro's core profit rising 33% and Julius Baer missing analyst projections. U.S. stock futures were little changed after the S&P 500 and Nasdaq Composite hit fresh records on Monday.
Entities: European markets, Norsk Hydro, Julius Baer, Donald Trump, EU • Tone: neutral • Sentiment: neutral • Intent: inform
22-07-2025
President Trump indicated he will allow Jerome Powell to serve out his term as Federal Reserve chair, despite recent attacks on Powell for not cutting interest rates. Trump's comment comes as his administration continues to criticize Powell, with Treasury Secretary Scott Bessent calling for a review of the Fed's operations and renovation project.
Entities: Jerome Powell, Federal Reserve, President Trump, Treasury Secretary Scott Bessent, White House • Tone: neutral • Sentiment: negative • Intent: inform
22-07-2025
US Treasury Secretary Scott Bessent will meet Chinese officials in Stockholm next week to continue trade talks, potentially extending the current pause on tariffs beyond mid-August. The talks are part of a third round of high-level discussions following previous meetings in Geneva and London. While Beijing has not confirmed the Stockholm talks, Swedish Prime Minister Ulf Kristersson announced that his country will host the negotiations.
Entities: Scott Bessent, China, US, Sweden, He Lifeng • Tone: neutral • Sentiment: positive • Intent: inform
