Nightly $SPY / $SPX Scenarios for April 9, 2025

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🌍 Market-Moving News 🌍:

🇺🇸📈 Implementation of New U.S. Tariffs: As of April 9, the U.S. has imposed a 104% tariff on Chinese goods, escalating trade tensions and raising concerns about a potential global economic slowdown.

🛢️📉 Oil Prices Decline Sharply: In response to escalating trade tensions, oil prices have fallen nearly 4%, reaching their lowest levels since early 2021. Brent crude dropped to $60.69 per barrel, while West Texas Intermediate (WTI) declined to $57.22.

📊 Key Data Releases 📊
📅 Wednesday, April 9:

📦 Wholesale Inventories (10:00 AM ET):

Forecast: 0.3%​
Previous: 0.8%​

Indicates the change in the total value of goods held in inventory by wholesalers, reflecting supply chain dynamics.​

🗣️ Richmond Fed President Tom Barkin Speaks (11:00 AM ET):

Remarks may shed light on economic conditions and policy perspectives.​

📝 FOMC Meeting Minutes Release (2:00 PM ET):

Provides detailed insights into the Federal Reserve's monetary policy deliberations from the March meeting.​

⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.​

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