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Tariff Tensions Rattle Wall Street Ahead of Earnings and Inflation Data

Wall Street futures dipped Monday morning as investors braced for a volatile week marked by fresh tariff threats and a flood of economic data. President Donald Trump’s announcement of a 30% tariff on imports from the European Union and Mexico , set to begin August 1, sent ripples through global markets. Major U.S. index futures— Dow, S&P 500, and Nasdaq —were all down roughly 0.3% in premarket trading. While the EU signaled a willingness to negotiate, the looming deadline has heightened uncertainty. Analysts suggest the market’s muted reaction reflects a growing belief that such threats are part of Trump’s negotiation strategy. This week’s economic calendar is packed, with June’s Consumer Price Index (CPI)  report due Tuesday, followed by wholesale inflation, retail sales, and industrial production data. These figures will be closely watched for signs of how tariffs may be influencing inflation and consumer behavior. Meanwhile, second-quarter earnings season kicks off , with ma...
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Your daily horoscope: March 6, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

You will know just what to say and just when to say it this year. The channel between your brain and your vocal chords is open to such an extent that you will speak almost as quickly as you think – and your thoughts will be touched by genius.

ARIES (March 21 - April 20):

Something you have been trying to keep secret will become public knowledge today and it may be an uncomfortable situation for you. However, you are who you are, you do what you do and there is no reason on earth why you should want to deny it.

TAURUS (April 21 - May 21):

If you call on your powers of persuasion today you will find it ridiculously easy to get others to do what you ask of them. You will achieve more though if you deal with people on a one-to-one level – trying to persuade groups won’t be so easy.

GEMINI (May 22 - June 21):

Your schedule may be hugely demanding but because you can see what the long-term rewards could be you are prepared to do whatever it takes to push on and get it all done. Take a break every couple of hours though to refresh your mind and body.

CANCER (June 22 - July 23):

Are all things possible for you now? Well, maybe not all but there are so many opportunities heading your way that your only real problem is going to be how to choose between them. Listen to your inner voice and follow its advice to the letter.

LEO (July 24 - Aug. 23):

If a money matter is causing you concern then do something about it. As one of the zodiac’s fire signs you are not the sort to just sit there and wait for life to happen, so identify the problem, roll up your sleeves and get stuck in!

VIRGO (Aug. 24 - Sept. 23):

You may be inclined to give someone you don’t much like a wide berth today but the planets suggest a better tactic would be to approach them and get talking. Chances are you are not as far apart ethically and emotionally as you had previously believed.

LIBRA (Sept. 24 - Oct. 23):

The next few days are going to be extremely busy and if you want to avoid burnout you need to get on top of your to-do list right away. The more of the grunt work you do now the less you will be under the gun later on.

SCORPIO (Oct. 24 - Nov. 22):

Some of your plans will wander off track a bit over the next 24 hours, so be ready to guide them back in the right direction. The more focused you are the less likely it is you will end up miles away from your chosen destination.

SAGITTARIUS (Nov. 23 - Dec. 21):

You need to find ways to rise above petty disputes and let those around you know that long silences and secret grudges are not the way forward. If you think it might help, swallow your pride and be the first to say sorry. It’s a minor sacrifice.

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