Stock markets in US, Europe fall
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US stock futures fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies. Trump on Truth Social posted a letter to Canadian Prime Minister Mark Carney,
Stock futures were little changed on Wednesday evening after the S&P 500 recouped some of its losses from this week's tariff-fueled slide. S&P 500 futures traded just below the flatline, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were down 37 points, or less than 0.1%.
U.S. and European stock futures dipped in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, restraining a broad rally in regional share markets. The dollar gained on the euro and the Canadian currency as Trump issued a letter late on Thursday that a 35% tariff rate on all imports from Canada would apply from August 1,
Investors continued piling into risk assets while shrugging off worries around the latest in trade developments.
US equity futures dipped amid uncertainty over the Trump administration’s trade policies as traders awaited a fresh catalyst for the next leg up in US stocks.
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The major averages are coming off a choppy session as investors follow the latest trade headlines out of the White House.
Major stock indexes were mixed in Asia as fatigue over tariff uncertainty set in.
Congress still aims to get the legislation to President Donald Trump's desk by July 4, but it remains to be seen if that will happen.
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Stocks rose slightly Thursday, pushing major indexes to new highs, as investors brushed aside concerns about tariffs that had weighed on sentiment earlier in the week.