US Stock Futures Rise Amid Trump Tariff Decisions and Fed Meeting Minutes
U.S. stock futures rise as investors await President Donald Trump’s tariff decisions and Federal Reserve policy meeting minutes. Trump extended tariff deadline, plans 50% levy on copper imports, and hinted at 200% levy on pharmaceuticals. Copper prices hit record highs. Fed to discuss tariffs’ impact on inflation and economy.
National Economic Council Director Kevin Hassett a potential successor to Fed Chair Jerome Powell, according to Wall Street Journal. Futures for Dow, S&P 500, and Nasdaq all up. 10-year yield at 4.409%. Japanese firm Metaplanet aims to acquire digital bank with its 15,555 bitcoin stash. UnitedHealth Medicare billing practices under DOJ investigation. WWP lowers profit outlook.
AES Corp explores sale options, Bloomberg reports. Medora Lee, USA TODAY reporter, covers money, markets, and personal finance. Subscribe to the Daily Money newsletter for financial tips and business news. News article originally appeared on USA TODAY.
Read more at Yahoo Finance: US stock futures rise as investors eye more Trump tariff moves and Fed meeting minutes