Japan trade deal could further fuel US stock surge
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Investor's Business Daily on MSNDow Jones Futures: Tesla Earnings Fall, Elon Musk Sees 'Rough' Quarters; Trump Trade Deals Lift Stock MarketThe S&P 500 hit a high on Trump trade deals. Tesla fell late as Elon Musk sees "rough quarters." Google rose on earnings.
The S&P 500 rallied to a new record close on Wednesday afternoon following new developments on the tariff front.
US stocks climbed on Wednesday after the US struck a trade deal with Japan, lifting hopes for further tariff pacts as Wall Street prepared for Tesla (TSLA) and Alphabet (GOOGL, GOOG) earnings after the bell.
Dow Futures rise as US-Japan trade deal boosts markets; earnings from Alphabet, Tesla, and chipmaker woes in focus.
Stock futures were mostly lower early Thursday as the market continued to assess the likelihood of President Donald Trump firing Federal Reserve Chair Jerome Powell. Futures on the Dow Jones Industrial Average slipped 61 points,
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The European Union on Wednesday appeared ready to retaliate against U.S. tariffs if the 27-nation bloc cannot reach a deal with the Trump administration. The U.S. and Japan on Tuesday reached a deal that would impose a 15% tariff on U.S. imports of Japanese goods, down from the 25% rate President Trump initially proposed.
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
U.S. stock futures were little changed Sunday night as investors tracked the latest developments on trade, and awaited the start of big tech earnings this week. Dow Jones Industrial Average futures fell by 18 points, or 0.04%. S&P 500 futures gained 0.02%, while Nasdaq 100 futures traded flat.
Dow Futures jump 100 pts as Wall Street eyes tech earnings, Fed signals, and trade talks to guide the week ahead.
Dow Jones Today: S&P 500, Nasdaq Retreat From Record Highs as Stocks Edge Lower Amid Earnings Deluge
Stock futures wavered between slight gains and losses Tuesday morning as investors reacted to quarterly results from a slew of major companies.