MacroChronics

Market Shifts Amid Strikes, Strong Earnings, and Geopolitical Pressures


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Boeing workers extended their strike after rejecting a wage deal, pushing shares lower. Meanwhile, Tesla surged on strong earnings, driven by Cybertruck profitability and Elon Musk’s optimistic delivery forecast. Uber and Lyft shares fell as Musk eyes the ridesharing market in 2025. S&P and Nasdaq futures rose, with oil and gold gaining, while the dollar weakened. In Europe, German PMI data lifted the euro, and China pressures automakers amid EV tariff disputes. Bond sales are forecasted to climb 17% this year. Politically, Trump and Harris are tied in key swing states ahead of the election.

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MacroChronicsBy Rbbentes