Aug. 23 at 2:12 PM
August 23, 2025 – Morning Market Update ☕️📰☀️
• Trump’s plan to impose tariffs on imported furniture raises uncertainty for the retail and housing sectors, which could weigh on consumer spending and ripple into the Nasdaq’s home goods and e-commerce names.
• The move to double tariffs on Indian imports and the resulting pushback from China highlights escalating global trade tensions, a theme that has historically added volatility to the broader U.S. markets.
• While the U.S.–EU trade framework offers some clarity, ongoing disputes with Canada, Mexico, and China keep trade policy a major overhang that traders on the Nasdaq and S&P 500 must continue to monitor closely.
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