Everyone is waiting for non-farm payrolls; this is the smallest news event tonight.

There is also a tariff bill decision tonight. Currently, about 24% support Trump’s tariffs, which means the remaining majority do not support it. The expectation is that it will not pass.
If it doesn’t pass, new tariff alternatives will emerge. Until a new plan comes out, the market will be even more confused. It’s better to just pass it directly—impose tariffs and be done with it.
Instead of not passing and having new plans that cause chaos, it’s better to unify and pass it directly, moving in one direction. Market players are all fools; they like to think too much. You make it too complicated, and their brains can’t keep up.