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Trump Slams Bad Bunny’s Halftime Show as “Un-American”

                                                       Bad Bunny and Donald Trump  Former President Donald Trump sharply criticized Bad Bunny’s Super Bowl halftime performance, calling it “a slap in the face” to the United States. In a post-game reaction, Trump argued that the Spanish-language performance failed to represent American culture and claimed it was inappropriate for a national event watched by millions of families. His comments quickly ignited debate, with supporters echoing concerns about cultural representation and critics accusing him of dismissing the diversity that defines modern American entertainment. Bad Bunny, one of the world’s most streamed artists, has not publicly responded, but the conversation around the show continues to dominate post–Super Bowl chatter.

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Stocks Rise as Weak Economic Data Sink US Yields

                                        

Wall Street traders sent stocks higher and bond yields fell as a string of weaker-than-estimated economic reports reinforced the case for the Federal Reserve to start cutting rates this year. In a shortened session ahead of the US holiday, the S&P 500 headed toward a fresh all-time high.

In summary:

  • The S&P 500 rose to around 5,520.
  • Tesla Inc. extended its rally into a seventh straight session.
  • Amazon.com Inc. fell.
  • Treasury 10-year yields fell seven basis points to 4.36%.
  • Swap traders project almost two rate cuts in 2024, with the first in November.
  • The dollar headed toward its biggest drop since mid-May.

Investors are closely watching Friday’s employment data for further insight into the state of the labor market. Economists anticipate a 190,000 gain in nonfarm payrolls, with the unemployment rate holding at 4%.


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