Nightly $SPY / $SPX Scenarios for August 1, 2025

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🔮 Nightly SPY / SPX Scenarios for August 1, 2025 🔮
🌍 Market-Moving News 🌍

📦 U.S. Imposes New Tariffs as Deadline Passes
Fresh tariffs rolled out on August 1 hitting major exporters: 25% on Indian goods, 20% on Taiwan, 19% on Thailand, and 15% on South Korea. Canadas tariff elevated to 35%, though Mexico got extra negotiation time. Global equity markets slipped modestly, led by declines in Asia-Pacific regions. SPY futures also eased on mounting geopolitical and trade pressures.

🏦 Fed Uncertainty Mounts Despite Calm GDP
Despite robust Q2 GDP growth and a hold on interest rates this week, Fed Chair Jerome Powell faced growing unrest. Comments acknowledged downside labor risk amid trade uncertainty—investors are now assigning just a 39% chance of a rate cut in September.

📊 Key Data Releases & Events 📊
📅 Friday, August 1:

8:30 AM ET – Nonfarm Payrolls (July):
Payrolls rose by 106,000, less than June’s 147,000 but still positive. Wage growth slowed, easing inflation concerns slightly.

8:30 AM ET – Unemployment Rate:
Unemployment ticked up to 4.2%, from 4.1% in June—reflecting modest labor softness.

8:30 AM ET – Average Hourly Earnings (MoM):
Wages rose +0.2%, down from +0.4% in June, signaling wage pressure easing.

⚠️ Disclaimer:
This information is provided 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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