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Tag: Trade Deficit
Unify Financial Advisors Weekly Market Update
After bouncing back from the prior week’s sell-off, the S&P 500 gained 2.43% last week, led by technology and consumer stocks. Markets were volatile, reacting to new tariffs and weaker job data, but finished strong on Friday as expectations grew for a possible Fed rate cut in September.
The U.S. trade deficit narrowed in June, down 16% from May, as exports and imports declined. Services sector activity accelerated, with ...
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Weekly Market Update – 7.7.2025
Unify Financial Advisors Weekly Market Update
Stocks climbed during the shortened holiday week, with the S&P 500 rising 1.72% to hit a record high. Tech shares led the rally, supported by easing trade restrictions in AI chip manufacturing and upbeat labor data.
June’s payroll report showed 147,000 jobs were added, exceeding expectations, while the unemployment rate ticked down to 4.1%. Wages increased 0.2% for the month and 3.7% year-over-year. Meanwhile, JOLTS reported that ...
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