Stock market today: Dow futures fall as Trump officials signal little breathing room on tariffs

A new deadline appears as President Donald Trump’s stop for 90 days on his mutual tariff is about to end on Wednesday.

While the markets expected an extension before the end of July 9 to re -tariffs, administration officials indicated that there will be only a few weeks, saying on Sunday that the duties will return to the levels of “Liberation Day” on August 1, unless the two countries reach commercial deals with the United States

Unless the commercial partners reached deals with the US Treasury Secretary, Scott Payette, he said that the rates “will return” to the levels of April 2, which led to the collapse of an epic stock unlike when Trump announced the stopping of 90 days to allow negotiations.

Meanwhile, Trade Minister Howard Lootnick said that customs duties will enter into force on the first of August, “but the president sets prices and deals at the present time.”

The futures contracts with Dow Jones Industrial MALED decreased 120 points, or 0.27 %. S&P futures decreased by 0.41 %, and future NASDAC decreased by 0.50 %.

This indicates a start than the trading week compared to Friday, when future contracts showed more severe decreases after Trump said on Thursday that he would start sending messages that determine the customs tariff of up to 70 %.

The return on the cabinet decreased for 10 years to a basis point 1 to 4.33 %. Gold decreased by 0.53 % at $ 3,325.20 an ounce, while the US dollar decreased by 0.05 % against the euro and reduced 0.03 % against the yen.

Oil prices in the United States decreased by 1.72 % to $ 65.85 a barrel, and Brent crude lost 0.95 % to $ 67.65, after Opec+ announced a greater increase in production in August against previous months.

There is not a lot of economic data next week, but it will appear minutes after the federal reserve meeting on Wednesday.