Nightly $SPY / $SPX Scenarios for April 3, 2025

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🌍 Market-Moving News 🌍:

🇺🇸📈 President Trump's 'Liberation Day' Tariffs Implemented: On April 2, President Donald Trump announced a series of new tariffs, referred to as "Liberation Day" tariffs, aiming to address trade imbalances. These include a baseline 10% tariff on all imports, with higher rates for specific countries: 34% on Chinese goods, 20% on European Union products, and 25% on all foreign-made automobiles. The administration asserts these measures will revitalize domestic industries, though critics warn of potential price increases for consumers and possible retaliatory actions from affected nations.

📊 Key Data Releases 📊
📅 Thursday, April 3:

📉 Initial Jobless Claims (8:30 AM ET):

Forecast: 225,000​
Previous: 224,000​

Measures the number of individuals filing for unemployment benefits for the first time during the past week, providing insight into the labor market's health.​

📈 Trade Balance (8:30 AM ET):

Forecast: -$76.0 billion​
Previous: -$131.4 billion​

Indicates the difference in value between imported and exported goods and services, reflecting the nation's trade activity.​

🏢 ISM Services PMI (10:00 AM ET):

Forecast: 53.0​
Previous: 53.5​

Assesses the performance of the services sector; a reading above 50 suggests expansion.​

⚠️ 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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