Recent gains in markets are likely just short-term optimism

During last week, Washington and Beijing were trade beards to violate their preliminary trade agreement. Apart from that, higher steel and aluminum rates Announced by US President Donald Trump will start on Wednesday.

In the midst of all trade tensions, the organization of economic cooperation and development has reduced its American and global growth forecasts for this year and the next one, citing “obstacles to stricter financial conditions, lower confidence and consumer confidence and increased political uncertainty”.

Investors, however, always push the actions, Nvidia taking up the crown of the most precious public company on Tuesday. That said, Sam Stovall by Cfra Research thinks that the market “will just somehow bob and weave while waiting until we start to understand a clearer understanding, if we get one, winnings of winnings, GDP growth, etc.”

In other words, recent market gains are probably not indicative of a longer -term trajectory. Where actions depend on the place where the American economy landed in the midst of developments surrounding the prices.

Markets in the United States and Europe increase
American actions climbed Tuesdaystimulated by increases in flea stocks and More scheduled job offers in April. THE S&P 500 won 0.58%, the Industrial average Dow Jones 0.51% advanced and the Nasdaq Composite Closed 0.81% higher. Europe Stoxx 600 The index increased by 0.09%, reverse losses Earlier in the day.

NVIDIA is King again
Nvidia The shares added 2.8% Tuesday to end at $ 141.22, which gives it a market capitalization of 3.45 billions of dollars. This movement puts the flea manufacturer before Microsoft Cap Most precious company listed in the world. The action increased by more than 23% in last month, Nvidia’s growth persisted even by control of exports and tariff concerns.

The OECD strikes the United States and the world growth rate
The organization of economic cooperation and radically Reduce growth forecasts for the United States at 1.6% in 2025, against a previous estimate of 2.2%, according to a Tuesday report. The OECD also lowered global economic growth this year to 2.9% against 3.1%. “A substantial increase in obstacles to trade” is a factor weighing up growth prospects, according to the report.

Inflation in the euro zone descends below 2%
The inflation of the euro zone fell to 1.9% in May – below the target of 2% of the European Central Bank – On a net drop in services, the flash data from the Eurostat Statistics Agency showed on Tuesday. Economists interviewed by Reuters expected that the reading of May was 2%, compared to the figure of 2.2% of the previous month. Central inflation, which excludes the prices of energy, food, tobacco and alcohol, was also relaxed, falling to 2.3% in May, against 2.7% in April.

Trump’s bill is a “disgusting abomination”: musk
Elon Musk in an article on Tuesday on x describe The “big and beautiful bill” of American president Donald Trump as “disgusting abomination“And afterwards wrote that the bill “will massively increase the already gigantic budget deficit to 2.5 billions of dollars (!!!)” Trump still puts pressure on American legislators to adopt the bill, Rand Paul hike After saying on “Squawk Box” from CNBC that he was “simply not open” to support an increase of 5 billions of dollars on the debt ceiling.

[PRO] Watch out for new actions in S&P
Several financial services actions could be shot in the S&P 500, according to America Bank. Actions added to the index often value increase Because the funds following the reference will add it to their portfolios, investors should therefore pay attention to the movements, which will be announced by the end of the week.

The planned launch of Robotaxi de Tesla in Austin adapted to technology has a musk that plays catching up in its hometown

Tesla Long -awaited entrance to the Robotax market – expected later this month – will start in Austin, Texas, which has become a key battlefield for autonomous technology.

CEO Elon Musk written in a Publish Last week, the company has been testing Y model vehicles without safety drivers aboard Texas Capital for several days.

But while the market remains emerging, Tesla is already faced with strong competition. Alphabet Waymo, Amazon Zoox, the Volkswagen Admt subsidiary and the Avride startup are already present in Austin.

“The winners of the emerging space, and this is only a question of scaling,” said Toby Snuggs, responsible for sales and partnerships at Avride.