Nightly $SPY / $SPX Scenarios for May 8, 2025

🔮 Nightly SPY / SPX Scenarios for May 8, 2025 🔮

🌍 Market-Moving News 🌍

🇺🇸 Fed Holds Rates Steady Amid Economic Uncertainty
The Federal Reserve maintained its benchmark interest rate at 4.25%-4.5%, citing concerns over rising inflation and economic risks. Fed Chair Jerome Powell emphasized a cautious approach, indicating no immediate plans for policy changes.

🤝 U.S.-China Trade Talks Scheduled
Treasury Secretary Scott Bessent and chief negotiator Jamieson Greer are set to meet China's economic head He Lifeng in Switzerland, marking a potential step toward resolving trade tensions. The announcement has positively influenced global markets.

📈 Record $500 Billion Share Buyback Plans
U.S. companies have announced a record-breaking $500 billion in share buybacks, reflecting growing hesitation to make capital investments amid economic uncertainty driven by President Trump's trade policies. Major contributors include Apple (AAPL), Alphabet (GOOGL), and Visa (V).

⚠️ Recession Warnings from Economists
Former IMF chief economist Ken Rogoff warns that a U.S. recession is likely this summer, primarily driven by President Donald Trump's aggressive tariff policies. He suggests that markets are overly optimistic and not adequately accounting for the risks.

📊 Key Data Releases 📊
📅 Thursday, May 8:

8:30 AM ET: Initial Jobless Claims
8:30 AM ET: Continuing Jobless Claims
8:30 AM ET: Nonfarm Productivity (Q1 Preliminary)
8:30 AM ET: Unit Labor Costs (Q1 Preliminary)
10:00 AM ET: Wholesale Inventories (March Final)
10:30 AM ET: Natural Gas Storage

⚠️ 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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