Finance Foggle

  Key Takeaways 📉 Stock futures fell : S&P 500 futures down 0.6%, Nasdaq 100 down 0.7% as July 9 tariff deadline nears . ⚠️ Trump’s threats : New tariffs of 20%-70% could hit uncooperative countries after July 9; U.S. began notifying nations of rates on July 4 . 🌍 Global tensions : EU pushed for tariff relief for automakers; China imposed 5-year anti-dumping duties on EU brandy . 🛢️ Commodities impact : Oil dropped ahead of OPEC+ meeting; gold rose as investors sought havens . 📊 Market sentiment : Rally driven by retail investors and buybacks; institutions remain underweight despite record highs . Markets React: Futures Drop as Deadline Pressure Mounts Stock futures slid sharply Friday, with S&P 500 contracts falling 0.6% and Nasdaq futures dropping 0.7%. The moves reflected mounting anxiety as the July 9 deadline for U.S. trade deals approaches. Markets had just closed at record highs Thursday, but sentiment reversed after Trump warned he might unilaterally impose tari...