📈 U.S. Stocks Edge Up Amid Jobs Data & Key Tariff Ruling Wait
Latest Data (Jan 10):
• December non-farm payrolls met expectations – Fed rate path unchanged
• Supreme Court set to rule on legality of Trump's April tariffs
Analyst Insight (State Street Bank):
Cayla Seder notes labor data reflects a "balanced, not weak" market – supportive for stocks without forcing Fed policy shifts.
⚠️ Tariff Ruling Impact Scenarios:
✅ Tariffs struck down: Stocks rally (better margins, lower consumer costs), bonds may weaken (fiscal stimulus risks)
❌ Tariffs upheld: Continued policy uncertainty, potential market pressure
📊 Market Takeaway:
Traders are pricing in status-quo Fed + watching legal catalyst for volatility.
#Stocks #Fed #Tariffs #SupremeCourt #MarketUpdate
Positioning for the ruling? 👇
(Sources: PANews, State Street Bank – Not financial advice.) 📰