Markets in the United States and globally are reacting to a mix of political and economic developments. The Nasdaq reached a new high, driven by strong tech earnings and expectations of easier monetary policy, while other sectors saw notable declines, such as Eli Lilly and Intel. President Trump is influencing monetary policy by nominating new faces to the Federal Reserve and is also using tariffs as a tool in foreign policy, targeting countries like Russia, Brazil, and India. Gold futures hit record highs following new tariffs, while oil prices dipped amid speculation about easing Russian sanctions.

Major technology advancements continue, with OpenAI launching its latest artificial intelligence model, and political tensions remain high, including Israel's expanded military operations in Gaza and Elon Musk's legal battle against internet censorship in India. Economic policy shifts, data integrity concerns, and the impact of Chinese imports on European jobs are also in focus, as experts debate the long-term effects of current strategies.

The New York Federal Reserve's survey shows inflation expectations rising, and the weekend brings further analysis on the implications of recent policy moves and global trade developments. Key economic data releases and central bank speeches are expected to shape market sentiment in the coming days.