Part 7/8:
Beyond tariffs, the market will be closely watching forthcoming economic indicators to provide further clarity on the U.S. economy. Notably, the ISM manufacturing and services indices, along with non-farm payroll data, will provide insights into economic health and labor market stability which are critical for shaping future Federal Reserve (Fed) policies. With the Fed exhibiting a reluctance to cut rates in the near term, market investors remain cautious about how monetary policy will adapt in response to evolving economic conditions.