Stock Market Today: Dow Futures Falls to let Trump officials know there’s room for breathing a bit in tariffs
- A new deadline is coming It looks like President Donald Trump’s 90-day suspension is going to expire, as if it were suspended with mutual tariffs. The market had anticipated an extension ahead of the end of the tariff grace period on July 9, but the administrative authorities only knew the value for a few weeks, saying Sunday the duties would return to “liberation date” level on August 1.
US stock futures fell on Sunday evening as investors weighed higher stakes dramas on tariffs in the coming weeks.
A new deadline comes as President Donald Trump’s 90-day suspension on his mutual tariffs expires Wednesday.
The market had anticipated an extension ahead of the end of the tariff grace period on July 9, but administrative authorities say that duty will return on Sunday when August 1st, if the country returns to its “liberation date” level on August 1, unless the country reaches a trade deal with the US.
Unless the trading partner reaches the transaction, the fees for a transaction with US Treasury Secretary Scott Bescent. “Boomerang Back” on April 2nd levelcaused an epic stock crash that turned around when Trump announced a 90-day suspension to allow negotiations.
Meanwhile, Commerce Secretary Howard Lutnick said the tariffs will come into effect on August 1st. “But the president is now setting fees and deals.”
Futures tied to the Dow Jones industrial average fell 148 points (0.33%). S&P 500 futures fell 0.37% Nasdaq Futures fell 0.35%.
This shows there is less weaker trading week start compared to Friday, when futures fell more sharply after Trump said Thursday. Start sending letters Set the customs duties to 70%.
In 2010, the Ministry of Finance’s yield rose by 0.8 basis points to 4.348%. Gold was essentially flat at $3,344.70 per ounce, but the US dollar was unchanged against the euro and fell 0.05% against the yen.
US oil prices fell 1.55% per barrel to $65.96, while Brent Crude lost 0.76% at $67.76. OPEC+ announces a significant increase August output and the previous few months.
There is no much economic data scheduled for next week, but minutes after the Federal Reserve’s final policy meeting will take place on Wednesday.