U.S. equity futures dipped slightly on Monday night, reflecting market caution after the S&P 500 achieved another record close. As of 2025-07-01 02:18:00, traders are keenly observing global trade dynamics, particularly following Canada’s decision to retract its digital services tax to ease tensions with the U.S.
- U.S. equity futures slightly lower Monday night.
- S&P 500 and Nasdaq hit record highs.
- Canada rescinds digital services tax for trade.
- Traders optimistic about market recovery ahead.
- Upcoming economic reports: PMI and JOLTS.
The Dow Jones Industrial Average futures fell by 59 points, while both S&P 500 and Nasdaq 100 futures dropped 0.1%. In regular trading, the S&P 500 rose 0.52%, and the tech-heavy Nasdaq Composite climbed 0.47%, indicating a robust market recovery.
The recent market surge raises questions about sustainability. Will these gains hold as trade negotiations unfold? As the U.S. prepares for the expiration of a 90-day tariff reprieve, investors are analyzing the broader implications for global markets.
- Canada’s tax reversal may signal a shift in trade relations with the U.S.
- Market optimism persists, with expectations of a broader recovery in various sectors.
- Global investors are closely monitoring economic indicators like the S&P Global Purchasing Managers’ Index.
- Potential Fed rate cuts could further influence market dynamics in the second half of the year.
As we look ahead, the interplay between trade policies and market performance will be crucial. Investors should stay informed and ready to adapt to changing economic landscapes.
