NEW: 🇺🇸 President Trump states he will not allow stock buybacks from defense companies anymore.
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NEW: 🇺🇸 President Trump says he will announce a new Fed Chair in the not too distant future.
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NEW: 🇺🇸 "WE PUT A TARIFF ON SWITZERLAND, AND ALL HELL BROKE LOOSE" - President Trump
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NEW: 🇺🇸 "Hope Bessent is listening that US should pay lowest rate" - President Trump.
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NEW: 🇺🇸 President Trump rules out acquiring Greenland by force at World Economic Forum.
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NEW: 🇪🇺 EU freezes U.S. trade deal approval indefinitely over Trump's Greenland threats, per Bloomberg.
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NEW: 🇺🇸 US pending home sales fall 9.3% month-over-month, missing estimates of -0.3% and worst since 2020.
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🕒 🇺🇸 03:00 PM Pending Home Sales MoM
Actual: -9.3%
Previous: 3.3%
Forecast: 1.4%
Consensus: -0.3%
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Actual: -9.3%
Previous: 3.3%
Forecast: 1.4%
Consensus: -0.3%
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🚨BREAKING🚨: 🇺🇸 President Trump's deadline for 10% credit card rate cap arrives as companies' compliance is questioned.
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