Negative opening for the major indices
The US stocks are open and the major indices are trading in the red
- S&P index -4.5 point at 2827.93
- NASDAQ index -2.3 points a 7721.83
- Dow industrial average is down -62 points at 25825
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US stocks are open and the major indices are in the red
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Bitcoin and Ethereum repair higher, but BTC bulls need 74,000 confirmation (BTC futures)
- Treasury Secretary Bessent: Oil prices will be lower than pre-conflict levels
- More from Musalem: Bond market is signaling a resilient economy/higher expected inflation.
- AUDUSD and NZDUSD as risk-on flows from MOU between US and Iran
- US Treasury sells $77B of 7 year notes at a high yield of 4.290%
- US/Iran MOU on ceasefire has reached an agreement but Trump still needs to approve it
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