Wall Street wrapped up Friday with a slight dip, leaving investors with a mixed bag of emotions after a rollercoaster week. The Federal Reserve played it cool, holding interest rates steady as expected, but their hawkish tone hinted at stagflation risks, leaving markets a bit uneasy. Fed Chair Jerome Powell shrugged, saying they’re in a “wait-and-see” mode on tariffs, keeping everyone on edge.

‍

But it wasn’t all gloom—trade news brought a spark of optimism. President Trump dropped a bombshell, announcing a “breakthrough” deal with the UK that’ll open doors for billions in U.S. exports. He also teased progress with China, as Treasury Secretary Scott Bessent gears up for talks with the Asian powerhouse, fueling hopes of smoother global trade waters. On Sunday, the White House announced a trade deal with China after two days of negotiations, stating a full briefing is forthcoming Monday morning. Stocks will likely rally on the news.

‍

Meanwhile, earnings season kept the buzz alive. Disney stole the spotlight, not just with a solid quarterly beat but with dazzling plans to launch its first Middle East theme park in Abu Dhabi.

‍

Still, the numbers told a tale of caution: the S&P 500 slipped -0.5%, the Nasdaq dropped -0.3%, and the Dow edged down -0.2%.

‍