메뉴 건너뛰기

XEDITION

등업게시판

Futures down: S&P 500 0.36%, Nasdaq 0.51%, Dow 0.15%



Tesla slips as Denmark, Sweden sales drop; Trump-Musk feud



Circle up after applying for US trust bank license

By Sruthi Shankar and Nikhil Sharma

July 1 (Reuters) - Wall Street indexes were set to dip on Tuesday, after touching record highs a day earlier, as investors monitored U.S. trade talks and a voting marathon in Washington over President Donald Trump's tax and spending bill.

The S&P 500 and the Nasdaq Composite notched all-time closing highs on Monday, capping their best quarter in over a year as hopes for more trade deals and possible rate cuts supported sentiment.

U.S. senators were still voting on Tuesday on a potentially long list of amendments to Trump's bill that is expected to bring a $3.3 trillion hit to the nation's debt pile.

The Republican majority's struggle to pass the bill exemplifies deep divisions within the party over debt. The bill aims to partly cover the cost of the tax reductions with cuts to Medicaid and some food assistance programs for low-income Americans.

Trump said he was open to moving the July 4 deadline he gave fellow Republicans in the U.S. Senate to get behind the bill, while Treasury Secretary Scott Bessent said he expects the Senate to pass the bill by the afternoon.

"This version that we hear about is not necessarily the one that's going to pass. So you know that's still something that weighs on investors' minds," said Kim Forrest, xnxx chief investment officer at Bokeh Capital Partners.

Tesla's shares dropped 6.2% premarket after a fresh spat between CEO Elon Musk and Trump over the tax bill, with the president urging the government efficiency department to review the subsidies that Musk's companies have received. Tesla also reported a sales drop for a sixth straight month in Sweden and Denmark in June. Meanwhile, Trump expressed frustration with U.S.-Japan trade negotiations and Bessent warned that countries could be notified of sharply higher tariffs despite good-faith negotiations, as a July 9 deadline approaches.

By 8:39 a.m. ET (1239 GMT), S&P 500 e-minis were down 22.5 points, or 0.36%. Nasdaq 100 e-minis dropped 116.5 points, or 0.51% and Dow e-minis slipped 66 points, or 0.15%.

The S&P 500 and the Nasdaq's rise to record highs marked a stunning recovery in sentiment that was hammered by Trump's chaotic trade policies and geopolitical tensions, with investors betting on AI enthusiasm and earnings momentum to keep the bull run going.

The blue-chip Dow on Monday closed 2.2% below its all-time high touched in December.

S&P Global and ISM's June manufacturing activity surveys, May job openings data as well as Fed Chair Jerome Powell's comments at a European Central Bank forum later in the day will be parsed for hints on U.S. monetary policy outlook.

Soft economic data in recent weeks and expectations of Trump picking a dovish central bank head have supported bets of interest rate cuts from the Fed this year and next.

Ahead of Thursday's crucial payrolls data, money markets were pricing in 68 basis points of rate cuts by the end of 2025 and about 131 bps of cuts by October next year, per LSEG data.

Among other stocks, stablecoin firm Circle edged up 1.3% on news it was applying to create a national trust bank in the U.S.

AMC Entertainment Holdings dropped 6.5% after the theater chain operator said it would cut its debt by converting at least $143 million in exchangeable bonds into shares.Sex-Education-2019.jpg (Reporting by Sruthi Shankar in Bengaluru; Editing by Devika Syamnath)

번호 제목 글쓴이 날짜 조회 수
공지 esky에 오신걸 환영합니다. 관리자 2024.12.09 33
3611 What Were Sojourner Truths Parents Occupations? CarloMcLaren178305 2025.07.12 0
3610 Answers About MTV Video Music Awards PhillippDelancey4 2025.07.12 0
3609 What Letter Is Looking For Causes? TemekaWinston38007 2025.07.12 0
3608 When Was Ma Tante Aline Created? JulianeBurchett537 2025.07.12 0
3607 How To Boost Your Small Businesses Bottom Line With Security Camera Systems NikoleOrmond0147 2025.07.12 2
3606 Real-Life Use Cases For DVA Files And FileViewPro Chastity67283714 2025.07.12 0
3605 Exploring The Very Best Loan Choices Without Credit Checks MayBlackmore1139 2025.07.12 2
3604 Stocks Gain As Wall Street Rallies, US Yields Slip ForrestStoll72501 2025.07.12 0
3603 Much-improved Tulsa A Challenge For No. 15 Memphis ShaniWatts31506477 2025.07.12 0
3602 Answers About French To English FlossieI7779006809 2025.07.12 0
3601 Iranian Group Hacks Trump's 'Ice Maiden' Susie Wiles, Stormy Daniels EdisonHazel35675968 2025.07.12 0
3600 Quick Identity Theft Prevention Tips AmandaTraeger84 2025.07.12 2
3599 Sacked Project Star Steve Price Confronts 'nemesis' Kyle Sandilands CorrineQuilty345 2025.07.12 0
3598 Exploring Sugar Daddy Sites International: A Comprehensive Information ZakAmaya1520410 2025.07.12 35
3597 US Supreme Court To Issue Term's Final Rulings On Friday NikiDearborn958 2025.07.12 0
3596 Answers About Nintendo 3DS GwendolynRegalado0 2025.07.12 0
3595 Answers About French To English IrmaAlbritton1197 2025.07.12 0
3594 What Are The Ratings And Certificates For Tante Tilly - 1986? MonaCrace116808231 2025.07.12 0
3593 Using Kids Storage Bins As Decorative Mess Control GJISamira815314 2025.07.12 2
3592 How Do You Put Cleo3 In Gta Sa? Kent18720210073 2025.07.12 0
위로