Markets rise as US consumers continue to spend

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Buyers in New York, February 2, 2025 in the United States.

Robert Nikelsberg | Getty Images News | Getty pictures

The Handle Handrame is still true to make a betting against the US consumer – to some extent. Although retailers of February have lower than expected, an increase was recorded. For skeptics, this is like squeezing a lot of effort for silver lining. It can be very good. However, the dark clouds are more terrible than the presence of US President Donald Trump’s tariffs.

Tariffs, finally, taxes imported to the consumer. Like those from the University of Michigan, they were taken on a consumer measured by surveys. Even the director of the US National Economic Council Kevin Hassett, Trump’s tariffs acknowledged a bit uncertainty.

The organization of economic cooperation and development has therefore low growth worldview. Although the Trump management is sure that the shares are sure that their feet will restore their feet, the strategists are not clear to the worldview, they can reconsider market forecasts.

What you need to know today

Second winning session for US markets
US markets rose on Monday. This S & P 500 Rose to 0.64%, Dow Jones Industry Medium Was 0.85% and higher Nasdaq composite Advanced 0.31%. All three index earned back-by-return. Tuesday, Asia-Pacific Shares Wall Street is a higher level. Japan Nikkei 225 Added 1.3% of the buoyant by a Rally in Japanese trading houses after Berkshire Hathaway increased their share. Hong Kong Hang Seng Index More than 2% behind the increase in Chinese technological shares.

China has technical stocks
Shares Baidu He wore more than 10% in Asia on Tuesday. Investors enjoyed Chinese Tech Giants Releasing of two new artificial intelligence Baidu said that on Sunday, Baidu Deepseek’s R1 model opponents competitors. Meanwhile Byd The shares listed in Hong Kong jumped more than 6% of the drop before gaining earnings. China Electric vehicle company appeared on Monday A technology that allows cars to travel up to 400 kilometers (About 249 miles) with five minutes charging.

US consumers spend more
US retail sales increased by 0.2% in FebruaryAccording to the advanced reading of the commercial office on Monday, Dow Jones lost 0.6% to increase 0.6%. He said that this figure is better than a 1.2% decrease in January – this is redesigned from the original assessment of 0.9%.

OECD re-reviewing the growth forecast down
Organization of economic cooperation and development forecast, global general domestic product growth will drop below 3.1% this year, december 3.3%. That’s The US refused to estimate the expansion of GDP Up to 2.4% to 2.4% in 2025. “More than a few G20 economies and geopolitical and policy uncertainty,” said OECD on Monday.

Confirmation about the uncertainty of tariff
Director of the US National Economic Council Kevin Hassett acknowledged that the work will be more uncertain in the tariffs before settlement. “Now and between April 2 Will be some uncertainty“Hassett told CNBC that Trump said he would announce its” mutual “tariff plans.

To be in charge of Iran Houthi attacks: Trump
Oil prices have increased on Monday After US President Donald Trump gossip The truth about the social media platform, the United States, the Yemeni-serviceman group Houthis, “As He is fired from the Iranian leadership,” said Houthis would think of any attack. US crude oil futures Global Benchmark accounted for $ 07.75 per barrel, which reached 07.75% Brent Tuesday afternoon Singapore receives 0.32% height for $ 71.30 / barrel.

(Pro) ‘awkward’ point area: Goldman
The Federal Open Market Committee meeting will leave a table “Point plot” in a table that fed interest rate forecasts for the coming years. Here’s why DOT plot “can be awkward“According to Goldman Sachs analysts.

And finally …

Google Deepmind co-founder and CEO Demis Hassabis, Mobile World Congress, the largest annual collection of Telecom industry, Barcelona, ​​Spain, 26 February 2024.

Barrena Pau | AFP | Getty pictures

AI, which can match people in any position, will be here for five to 10 years, Google Deepmind CEO says

Speaking at a briefing in London offices on Monday, Demis Hassabis said that Google Deprabis, Deogle, Deogle, DeGrabis is more intelligent or smarter than people – will start to appear in the next five or 10 years.

Hassabis’ forecast to reach AGI is conservative compared to some industrial peers. In January, Davos told CNBC at the World Economic Forum in Davos in Davos in the World Economic Forum in Davos.

Other technological leaders see AGI coming soon. Ciscon’s chief crop worker Jeetu Patel thinks that this year is a chance we can see an example of the AGI.

 
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