Trump acts on tariffs if the country does not show “integrity.”
President Donald Trump will impose tariffs at the rate he threatened trading partners “honest” and unnegotiated on the deal last month, Treasury Secretary Scott Bescent said in a television interview on Sunday.
US inventory futures refer to a lower open the day after stocks make a closer comeback despite Moody stripping the US from its top AAA valuation.
Larry Adam, chief investment officer at Raymond James, announced the sixth consecutive victory session as the Broad S&P 500 Indec shrugged from a downgrade because investors were “not revealing new things” because they “we don’t reveal new things.”
The S&P 500 is currently only 3% from its record high.
At 6am ET, futures linked to the Blue Chip Dow slipped -0.21%, S&P 500 futures fell 0.37%, and high-tech Nasdaq futures fell -0.47%.
Corporate News
While most companies already report quarterly results, there are a few that investors are keeping an eye on.
Retailer Home Depot results are scheduled before the market opens, and Homebuilder Toll Brothers reports after it closes. Later this week, Big Box Retailer Target will report quarterly results.
Cyrptocurrency
The Senate has elevated landmark cryptocurrency laws that create the first US regulatory framework for digital tokens known as stubcoins, which are fixed at the value of the dollar.
The Senate voted 66-32 with the help of several code-friendly Democrats after bilateral negotiations to clear the 60-vote threshold required to advance the measure.
Medora Lee is a money, market and personal finance reporter for USA Today. mjlee@usatoday.com and Subscribe to our free daily money newsletter Personal finance tips and business news every Monday to Friday.
