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✅   Futures, Dollar Slide As Trump Renews Tariff Threats, Middle East Tensions Spike

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Stock futures, bond yields and the dollar are all lower after Trump ramped trade war tensions back up saying he wants to set unilateral tariff rates higher/reimpose higher duties within the next two weeks to on several countries before the July 9th deadline while Bessent floated extensions for countries negotiating in "good faith." Market jitters also intensified amid heightened tensions in the Middle East, with speculation that Israel may attack Iran sending oil surging. As of 8:00am,S&P 500 futures were down 0.6%, near session lows, putting the benchmark on track for its first back-to-back loss in three weeks as the S&P fails tohold the 6k level despite a dovish CPI and a strong 10Y auction.

ZeroHedge Opinion     Jun 12, 2025