Trump Delays Tariffs on EU
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Dow Futures Rally
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Investor's Business Daily on MSNDow Jones Futures Rise As Trump Delays EU Tariffs; Nvidia Earnings Ahead, Tesla Has New EntryFutures rose as President Trump delayed 50% EU tariffs to July 9. Nvidia earnings loom large for AI. Tesla has a new buy point.
Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.
South Korea's exports to the U.S. are poised to shrink for a second straight month in May, as President Trump's higher tariffs weigh on shipments of vehicles and other goods, early trade data showed.
Treasury yields have been on the rise in part because of concerns that tax cuts currently under consideration in Washington could pile trillions of more dollars onto the U.S. government’s debt. Concerns are also still brewing about how much Trump’s tariffs will push up on inflation in the United States.
US equities were mixed on Friday, capping a strong week driven by signs of easing trade tensions between the US and China and encouraging inflation data.
World shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell about $2 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.
Nvidia powered the tech-led rally as a flurry of trade news bolstered prospects for the AI chip giant. The company once again crossed a $3 trillion market cap during Tuesday's tra