- Futures point slightly down as the tariff threats ramp up again.
- Gap dropped more than 20% Friday. It forecast essentially no growth in sales and much higher tariff costs.
- The Senate is starting to work through the tax bill passed by the House. Conservative senators want deeper cuts, others want permanence.
- Tesla sales in France fell 67%. The company is seeing a lot of anti-Elon Musk pushback.
The Complicated Economy of President Trump – Markets & Economic Growth
June 3, 2025
7:46 pm
The stock market is back to slightly positive year to date. The S&P 500 is