Stock futures fell as trade tension rises before tariff deadline, markets cautious

US stock futures fell as trade partners pushed for concessions before a July 9 deadline. European Union carmakers and capitals sought tariff relief for US investments. Stoxx 600 closed lower, gold rose, and the dollar dipped. Markets remain cautious amid ongoing trade war uncertainty.

S&P 500 nears sell signal at 6,300, prompting investors to consider trimming holdings. Bubble risks rise post-House approval of $3.4 trillion fiscal package. UK gilts slide, China cancels part of EU summit and imposes duties on European brandy. Oil drops ahead of OPEC+ meeting.

Trump administration restricts AI chip shipments to Malaysia and Thailand. India bars Jane Street Group LLC from local securities market. Alstom SA wins $2.4 billion order from New York’s MTA. Frasers Group Plc opposes Hugo Boss AG dividends. Airline chaos in Europe due to French air traffic controllers’ strike.

Banco Sabadell SA calls shareholders meetings for extraordinary dividend approval. Country Garden Holdings Co. sales decline in June. Market moves show S&P 500 futures, Dow Jones futures, and Stoxx Europe 600 falling. Currencies fluctuate, cryptocurrencies drop, and bonds remain stable. Crude falls, gold rises.

Read more at Yahoo Finance: Stock futures slide as tariff deadline draws near