Markets Rally Despite Economic Headwinds

Markets posted impressive gains last week, with the S&P 500 and Nasdaq rising 4.60% and 6.74%, respectively, even as global uncertainties intensified. The IMF lowered growth forecasts, U.S.-China trade tensions flared, and Apple announced a major production shift to India. Political pressures between the White House and the Federal Reserve initially unsettled investors, but a conciliatory tone later in the week helped calm markets. Meanwhile, Europe’s economic data was mixed, Asia navigated new tariffs, and U.K. retail sales beat expectations, offering a complex but resilient global outlook.

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