US Edition5 Things to Know Before the Stock Market Opens
- On May 8, 2025, US President Donald Trump announced a trade deal with the UK from the Oval Office at 10 a.m. ET.
- The announcement followed ongoing talks amid tariff tensions, with both sides maintaining unresolved positions on food standards and key sectors.
- The deal aims to reduce specific tariffs on steel, aluminum, and cars, while Downing Street insisted UK food standards remain a firm red line.
- Trump called it a 'full and comprehensive trade agreement' and a “big and exciting day,” while Andrew Bailey welcomed reduced uncertainty but cautioned against high expectations.
- Experts view the deal as a preliminary step likely to pause certain tariffs short-term, with broader negotiations and long-term solutions still pending.
15 Articles
15 Articles
5 Things to Know Before the Stock Market Opens
U.S. stock futures jump after President Donald Trump announces the U.S. has reached a trade deal with the U.K., and Google parent Alphabet's stock rebounds after sharp losses yesterday on worries that its search business is threatened by AI. Here's what investors need to know today.
US Stocks Advance as Trump Touts Trade Agreement With UK
US stocks climbed at the open Thursday as investors welcomed news of a trade agreement between the US and the UK — a widely anticipated development that some traders say could serve as a blueprint for broader global negotiations.
Stock futures rise on news of imminent trade deal with Britain
U.S. stock index futures gained on Thursday on news that the Trump administration was on the cusp of a trade agreement with Britain, while chip stocks advanced on the prospect of fewer export curbs on AI semiconductors.
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