US stock futures higher
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On April 9, with the stock market enduring a mini-crash, Donald Trump placed a 90-day pause on reciprocal tariffs for all countries save China. This 90-day pause is what ignited the strongest single-day point gains in the history of the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average.
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WSPA 7News on MSNUpstate financial expert shares insight into saving money amid tariffs, market decline
Uncertainty over tariffs has caused the stock market to fluctuate, creating concern for many people. Jennifer Lahaie of JEHM Wealth and Retirement in Simpsonville said she’s seen clients panic over losing money due to steep tariffs and market decline.
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European stock markets receive the tariff agreement with the US with cautious optimism
European markets open with a 1% gain. Purchases in the luxury and automotive sectors fade, while the euro loses ground against the dollar. "Stability" and "predictability". These are the two terms used by the President of the European Commission,
Analysts say tariffs could exacerbate inflationary pressures and reduce consumer demand, which would slow economic growth both in the United States and around the world. Higher tariffs on imported goods mean higher costs for many US firms,
The U.S. stock market faces potential volatility with upcoming tariffs and significant economic events. Highs have been hit, but tariffs on Europe may disrupt trends. Key corporate earnings and the Federal Reserve's decisions are anticipated by investors.
Retail sales for June point to something the stock market already feels pretty confident about: U.S. consumers will keep spending, even if bigger tariff hit in August.
Stock sales by top officials clustered before Trump's major tariff announcements, according to a USA TODAY analysis of transaction forms.
Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.