After months of rising tensions, U.S. and Chinese negotiators have agreed on a “framework” to implement agreements that have been reached on trade, officials said late Tuesday.
U.S
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Stocks
EIA forecasts drop in U.S. oil production as drilling slows due to lower prices (USO:NYSEARCA)
Jun. 10, 2025 7:12 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA…
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Key Points If Congress doesn’t raise the debt ceiling, the U.S. could run out of funds by August, triggering delayed payments and possible default. A default would shake investor confidence,…
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Key Takeaways: Crucial Markup Session: The U.S. House Financial Services Committee will hold a markup session to review, amend, and vote on the Digital Asset Market Clarity Act (CLARITY Act)…
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The president said he is doubling duties on steel imports while talking up U.S. Steel’s deal with the Japanese company.
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Stocks
Wall Street looks set to rebound as U.S. stock futures rally after Trump delays E.U. tariff deadline
Wall Street appears poised to surge when markets open Tuesday, after two days of rallies by U.S. stock futures, spurred by President Donald Trump delaying his latest threat of 50%…
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Crypto Currency
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says
Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes…
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Stocks
Ships are canceling crossings to U.S., and Trump’s new 50% E.U. tariff threat isn’t likely to help
The spotlight is back on U.S. supply chains after President Trump threatened new E.U. and smartphone tariffs
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The potential increase in mortgage rates could deliver a fresh blow to the housing market.
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Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and Treasurys.