Before the trading day begins, investors should be aware of the following five important factors:
1. Talk on tariffs As investors processed President Donald Trump’s most recent tariff remarks, stock futures fell Monday morning. S&P 500 futures declined 0.30%, Nasdaq 100 futures down 0.45%, and futures linked to the Dow Jones Industrial Average fell 23 points, or 0.05%.
2. pause for impact
Howard Lutnick, the secretary of commerce, Trump’s tariffs will take effect on August 1st, rather than July 9th as investors had anticipated. The president’s 90-day halt on his so-called reciprocal tariffs, which was supposed to expire this week, was announced in April.
3. Flooding in Texas In central Texas, flash floods on Friday destroyed a summer camp and washed away homes, resulting in at least 82 fatalities.
4. The person who crashes parties Tesla’s stock fell almost 7% before the bell on Monday, following CEO Elon Musk’s announcement that he had founded a new political party.
5. The recipe that works Fast-casual restaurants have discovered a method to keep customers coming back, despite consumers cutting back on their spending: rewards programs.
Source (CNBC)
