From NASDAQ.: 2025-05-05 01:36:00

European stocks are expected to open lower on Monday due to a bank holiday in the U.K. U.S. stock futures also edged lower after a positive streak. President Trump hinted at potential trade deals with some countries and willingness to lower tariffs on China. He also announced a 100 percent tariff on foreign films. The Fed and BoE rate decisions and U.S. service sector data will be in focus this week. Crude prices dropped as OPEC+ increased production. U.S. stocks rose on Friday, with the S&P 500 marking its longest winning streak in over twenty years. Unemployment rate remained unchanged at 4.2 percent. European stocks closed higher on easing U.S.-China trade concerns.



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