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BOOM OR BUST? U.S. MARKETS READY TO EXPLODE AS TRUMP’S AGENDA PASSES A CRUCIAL TEST!
Hold onto your wallets, folks! The U.S. markets are on the verge of historic highs, thanks to President Trump’s explosive tax cuts and spending overhaul. After a nail-biting weekend, Trump’s key legislative dream has just cleared a massive hurdle in the Senate! But wait—hold on! He’s also throwing shade on those precarious trade talks!
DOW JUMPS 215 POINTS: ARE WE READY FOR A RECORD-SETTING RALLY?
Investors are buzzing as Dow Jones futures rocket up 215 points, screaming 0.49% higher! The S&P 500 isn’t far behind, up 0.25%, while Nasdaq futures are seeing a sassy 0.34% increase. We’re talking about new record highs hit just last Friday, folks! This is more than just numbers—it’s a financial frenzy!
OIL PRICES SLIP AS THE MARKET SOARS—WHAT’S GOING ON?
In the midst of this stock market jubilation, U.S. oil prices took a tumble, slipping 1.14% to $64.79 per barrel. Even Brent crude felt the heat, down 0.84% at $67.10. But don’t let that steal your thunder; the stock market ride is just kicking into high gear!
A CRITICAL VOTE LOOMS: WILL TRUMP’S TAX CUTS FACE THE FINAL TEST?
Hold your horses! The bill is not a done deal just yet. Senators are gearing up for debates and amendments, with that all-important final vote looming. And don’t forget—before it lands on Trump’s desk, it needs the House’s blessing. The pressure is on, especially with Trump demanding this wrapped up before July 4!
TIME’S TICKING! JULY 9 DEADLINE LOOMS FOR TRADE TALKS!
Here’s the kicker: while the tax cuts could supercharge Wall Street, a ticking trade bomb awaits! Trump put his reciprocal tariffs on ice for 90 days while negotiating deals, but that pause explodes on July 9. Stocks have rebounded, but will the trade war’s dark shadow return?
Treasury Secretary Scott Bessent claims the upcoming deadline could be more flexible than you think, hinting at major trade deals by Labor Day. But not so fast! Trump just tossed icy cold water on that, saying he might just send out letters with tariff details instead of extending the pause. “I don’t think I’ll need to because—I could—there’s no big deal,” he said.
CANADA TRADE TALKS CRASHING AND BURNING!
In a jaw-dropping move, Trump declared an END to trade talks with Canada! Why? They’re planning to hit U.S. tech giants with digital services taxes. It’s a no-holds-barred economic showdown!
THIS WEEK: A DELUGE OF ECONOMIC DATA COMING SOON!
Don’t blink, or you might miss it! This holiday-shortened week is jam-packed with high-profile economic reports that could ignite—or douse—the market frenzy. From manufacturing indexes to job reports, all eyes are on the data rolling out!
Plus, Federal Reserve Chairman Jerome Powell is set to spill the financial tea at a European Central Bank forum! Will he fan the flames of the market rally or send investors running for the hills?
Buckle up, America! The economic rollercoaster is just getting started!
photo credit: fortune.com
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