Stock futures wobble on 'best offer' letter deadline day for tariffs

Stock futures wobble on 'best offer' letter deadline day for tariffs

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5 days ago STOCK FUTURES WOBBLE ON 'BEST OFFER' LETTER DEADLINE DAY FOR TARIFFS By Joy Wiltermuth Stocks were flat to pointing lower in premarket action Wednesday as investors digested weak ADP jobs data for May and braced for more potential tariff headlines. Wednesday marks President Donald Trump's deadline for "best offer" letters for fast-track trade deals, with July 9 being the end of the 90-day pause on some April 2 reciprocal tariffs. Bob Savage, head of markets macro strategy at BNY, said the bond market's mood remains in focus, as well as fresh economic data due, and the release of the Federal Reserve's Beige Book to keep "the melt-up price action for risk intact."

5 days ago STOCK FUTURES WOBBLE ON 'BEST OFFER' LETTER DEADLINE DAY FOR TARIFFS By Joy Wiltermuth Stocks were flat to pointing lower in premarket action Wednesday as investors


digested weak ADP jobs data for May and braced for more potential tariff headlines. Wednesday marks President Donald Trump's deadline for "best offer" letters for fast-track


trade deals, with July 9 being the end of the 90-day pause on some April 2 reciprocal tariffs. Bob Savage, head of markets macro strategy at BNY, said the bond market's mood remains in


focus, as well as fresh economic data due, and the release of the Federal Reserve's Beige Book to keep "the melt-up price action for risk intact."