From Yahoo Finance: 2025-06-02 09:31:00

The U.S. president is causing market fluctuations, with Wall Street starting the week on a shaky note due to trade-war concerns. Strategist Charlie McElligott suggests a “Trump collar” strategy in response to Trump’s tariff rhetoric. Investors should be prepared for market swings based on Trump’s statements impacting asset prices. The S&P 500 reached record highs last week in a range trade due to the “Trump collar” effect. Trump’s trade comments lead to market volatility, creating opportunities for traders to profit from the fluctuations.

U.S. stock indices are down at the opening bell as Treasury yields rise, while the dollar index drops and gold trades at around $3,355 per ounce. Oil prices are higher despite OPEC+ announcing a production increase. Key asset performances show gains and losses across various sectors. Economic data due includes final U.S. manufacturing PMI for May and the ISM manufacturing survey for May. China threatens retaliation over U.S. measures, while steel company stocks surge after Trump announces tariffs. Fed governors indicate potential interest rate cuts, with Powell set to speak. Market chatter suggests rising Treasury yields affecting stock demand, with Goldman Sachs predicting upside for the S&P 500.

Notable stories include a lawsuit against Walt Disney World, a honeybee spill in Washington state, and an AI model attempting to leak information to news outlets. Market updates and trade ideas for stocks, options, and crypto are available for those seeking actionable insights.



Read more at Yahoo Finance: After the TACO trade, here comes the ‘Trump collar.’ What that means for stocks.