S&P 500 high a gift from Trump that can be taken away

Something that I rarely say, if never: what a wonderful Monday morning!

Friday in the United States, the S&P 500 broke its previous record. The celebrations were shared with the Nasdaq Compositewhich also struck a new summit. The technological index has experienced a takeoff of Nvidia And Microsoftboth reached heights of all time (and probably did it Insiders at NVIDIA Multimilionaires in the last month).

Relief of the prices supported on the markets. China has announced that it had Finalized details of his agreement with the United States. And even if the “reciprocal” prices of American president Donald Trump should enter (still) a week later, he suggested that his administration “Can do what we want“Regarding the 90 -day break.

The postponement of the return of these prices would give investors more applaud and put another feather, perhaps the variety of chicken, in their caps.

That said, as Trump gives, the same goes.

The S&P 500 was up up to 0.76% at a given time during the negotiation session on Friday, but stumbled after the US President slammed the door of commercial talks with Canada for his digital services tax. The index only plunged slightly, but it nevertheless shaved certain earnings of what could have been a higher.

Even if Canada has since canceled the tax, this episode shows how Trump is still management markets.

The American markets open just when trade in Europe is starting to bend down. Whether in Trump’s nature to be a donor, borrow the words of Chappell Roan – so Monday can end as well as it started.

New recording for S&P 500. The wide index increased by 0.52% to close to 6,173.07 Friday, exceeding its previous summit of 6,147.43. US Futures has climbed Sunday evening in the United States. Monday, Asian-Pacific markets have mainly increased.

China’s manufacturing activity contracted in June. Even if The official index of purchasing managers has improved from the read of May, it is always lower than the 50 points mark, which makes it third consecutive month of contraction.

Canada returns to its digital services tax. THE Country’s decisionreleased Sunday evening, local time, follows announcement that the United States is end trade discussions Because of the said tax.

The “very rich people” are ready to buy Tiktok. Speaking in an interview with Fox News on Sunday, Trump said he could Reveal the identity of these individuals In about two weeks, but the agreement depends on the approval of Beijing.

[PRO] Eyes on American numbers. The report on unprecedented pay in June is released on Thursday and could determine If the rally on the US markets continues. Investors will have only half a day to react: the US markets close early on Thursday and are a dark Friday.

How BP has become a potential takeover target

For weeks, market languages ​​have stirred a potential merger between British oil giants – until the weeks of speculation ended Thursday that Shell denied information that he is in talks to acquire BP.

But how did we come to the point that BP, a British oil exploration company which was founded in 1909 under the name of Anglo-Persian Oil Company, is now considered as a possible takeover objective for its long-standing rival?

– Michael Considine