US EditionTrump's New EU Trade Deal Labeled 'Bad News' By Economists As Dow Futures Spike Over 150 Points
- Investors pushed equity futures higher on Sunday evening, as Jeenah Moon, Reuters, reported markets prepare for tech earnings, Fed meeting, tariff deadline, and inflation data.
- Following strong earnings and recent trade deals with Japan and Indonesia, markets were powered by investor optimism, Jeenah Moon, Reuters, reported.
- Investors are eyeing a packed earnings calendar including Meta Platforms and Microsoft, as over 150 S&P 500 companies prepare to report.
- Following President Donald Trump’s announcement, the euro jumped to US$1.1779 and equities built on their recent rally, Reuters reported.
- The Fed’s two-day policy meeting wraps up on Wednesday, with inflation and employment data expected to influence future rate decisions, according to analysts.
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Stock Market Live July 28: EU Trade Deal Success Pushes S&P 500 (VOO) Even Higher
Live Updates Live Coverage Updates appear automatically as they are published. Firefly Lights Up the IPO Market 11:31 am Space company Firefly Aerospace just announced it will sell 16.2 million shares at its upcoming IPO, and plans to price the shares between $35 and $39. The company earlier this year became only the second American company in the last 50 years to land a spacecraft on the moon successfully. Manufacturing Activity Flips to P…
Trump's New EU Trade Deal Labeled 'Bad News' By Economists As Dow Futures Spike Over 150 Points
President Donald Trump's latest trade deal with the European Union (EU) is drawing sharp criticism from several leading economists, who argue that it will disproportionately harm American consumers and businesses.
The European Stock Exchanges confirm the rise in mid-seat after the agreement between the EU and the United States on the duties that weighs on the defence sector with Leonardo (-1.5%) and the German Rheinmetall (-1.4%) among the most penalized. They are also expected the details from the upcoming trade negotiations between China and the Trump administration while the futures on Wall Street are positive. The lens of the week is then at the Fed W…
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