Markets started off flat but showed some life after strong earnings reports from big banks like JPMorgan, Goldman Sachs, and Wells Fargo — a good sign for the economy. Even better, the Producer Price Index (PPI) came in tame, easing inflation worries.
But things turned when Trump floated the idea of firing Fed Chair Jerome Powell, shaking investor confidence. Markets pulled back, ending the day... right back where they started. A wild ride that ended up going nowhere.
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