- Markets Surge on Tariff Delay – The markets are surging today as President Trump pauses on his latest tariff salvos at the EU. “Stock futures rose sharply Tuesday after President Donald Trump said the start of 50% tariffs on goods from the European Union, which he threatened last Friday, would be delayed to July 9 at the bloc’s request.” Barron’s.
- Recent Market Volatility – The markets fell last week on renewed tariff risks. The Nasdaq is down 2.97% year to date and the S&P 500 is down 1.34% year to date. As noted above, the markets are set to rebound today as the President takes his foot off the gas on the tariffs.
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