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US markets have cleared the main obstacle in the Senate, as President Donald Trump’s tax reduction and spending priorities have doubted the legislative agenda, as well as trade talks.
Dow Jones, the industry increased by an average of 180 points or 0.42%. S & P 500 futures increased by 0.18% and NASDAQ futures added 0.23% after both index Notched New Record Heights Friday.
The price of the US oil was 0.84% to $ 64.97 per barrel, and 0.65% of Brent crude oil fell 67.33.
The productivity of the 10-year treasury reduced 0.8% to 4.275%. The dollar fell 0.07% against the euro and 0.1%. More than 1% of 1% to $ 3256.70 for a gold ounce.
Trump’s highest legislative priority – Tax reduction and spending priorities – narrow Cleared the main procedure barrier On the weekend in the Senate.
Senators are expected to be expected to discuss the bill and offer adjustments. The House of Representatives must approve the Senate’s version of the Senate’s version before leaving the Black House for Trump.
The President demanded that the MPs completed the bill before the holiday of July 4. Tax discounts are the main factor of Wall Street forecasts for economics and financial markets, a push that will help you drag Trump tariffs.
In the meantime, another deadline is approaching fast.
In April, Trump put mutual tariffs in 90 days while dealing with the management trade talks. Shares have been back because of the fact that investors have expected the worst of the trade war.
The break ended on July 9 and the Treasury Secretary Scott Bessent said that the last date was flexible in recent years. He said he could be wrapped by the FOX business with the best trade partners about it with a few deals.
But in an interview with Sunday, Trump said he could send a letter instead This simply provides countries to meet the tariff rates.
When the break was not extended, he said, “I don’t think I need to be needed for me – I can’t – there’s nothing big.” Trump, “I will send. This is the end of a trade deal. ”
The release of a recent extension also immediately expressed all trade talks with Canada on Friday by Friday and asked for the plan to provide the taxes of digital services to the US technological giants.
There is also several high-level economic databases that can offer the tories of the tariffs in the next holiday and how many tariffs are tariffs.
On Tuesday, the Institute of Supply Management will release the production index and the Labor Department provides the reporting of the work openings.
ADP will turn off the Private Sector’s salary report on Wednesday. On Thursday, the Labor Department will publish weekly unemployment claims and monthly business report. Markets will be closed for July 4.
Federal Reserve General President Jerome Powell, Tuesday, is planned to talk at a European Central Bank forum in Sintra, Portugal. Last week, Capitol Hill follows a two-day certificate and a post-FOMC press briefing a week ago.
