Stocks dip, dollar slumps as Trump deal deadline looms
US President Donald Trump’s last delivery date for the stalls of trade agreements fell on a night despite record levels for Wall Street.
Traders, Trump’s extensive expenditure, which is expected to sign the law later on the day, thought about the effect of the extensive expenditure, the dollar withdrawn with the closure of some of the earnings on Thursday during the holidays.
The Pan-European Stoxx 600 index said that China would serve up to 34.9 percent of the European Union from the European Union from the European Union, partly fell 0.6 percent on Friday, which was directed by losses in spirit producers such as Pernod Ricard and Remy Cointreau.
US S&P 500 futures decreased by 0.5 percent after a 0.8 percent advance for a new record closing summit for the cash index.
Wall Street is closed on Friday for independence day holiday.
Trump said Washington will begin to send letters to countries, the United States on Friday, which tariff rates they will encounter in exports.
Ig analyst Tony Symamore, the market, relying on exports in Asia, especially in Japan and South Korea for the trade agreements responsible for the weakness of the equity, the lack of optimism, “now expects only July 9,” he said.
At the same time, the job data on Thursday, “the US economy keeps better than most people expected, which shows me that the markets can continue to be better here,” he said.
Investors applauded a surprisingly solid job report on Thursday and sent all three of the main US Self -Equity Indexes climbing in a shortened session.
After the closing, according to the non -Partizan Congress Budget Office, the Assembly approved a 869 -page invoice of Trump’s signature 869 pages of the country’s $ 36.2 trillion invoice.
Trump said he expects a “pair” more trade agreement after he announced an agreement with Vietnam to add to the framework agreements with Vietnam on Wednesday.
US Treasury Secretary Scott Bessent said that at the beginning of this week, an agreement with India was close.
However, agreements with Japan and South Korea seem to be broken.
The US dollar gathered overnight and after testing solid payroll data, up to 0.7 percent against a basket of large peers.
It ended with an increase of 0.4 percent on Thursday. On Friday, the US currency gave some of these earnings back, decreasing 0.4 percent to 144.31 Yen and 0.2 percent to 0.7936 Swiss Franc.
The euro remained fixed to $ 0.2 percent $ 1,1773, and the sterling was fixed to $ 1,3662.
The US Treasury bond market was closed on Friday for holiday, but 10 -year returns rose to 4.34 percent of 4.7 basis points, while the two -year yield increased by 9.3 BPS to 3.882 percent.
Gold, investors took refuge in safe assets again due to concerns about the US financial position and tariffs, and rose to 0.4 percent for weekly earnings and $ 3.339 per ounce.
Brent raw futures fell seven cents.
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