Trump, tariffs and stock futures
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U.S. stock index futures were muted on Friday as investors were risk-averse after President Donald Trump's tax and spending bill won a crucial House vote the previous day, raising concerns about the country's deteriorating fiscal outlook.
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Currency traders are starting to use “implied prices” that connect buyers and sellers from the cash and futures markets, in a new effort to ease fragmentation in the industry.
(Reuters) -U.S. stock index futures steadied on Thursday after a fall in the previous session, when Treasury yields surged, as investors worried President Donald Trump's tax and spending bill could sharply inflate the country's debt burden.
Volatility Shares debuts the first XRP futures ETF, XRPI, on Nasdaq. Provides unlevered exposure to XRP futures. Risks noted.
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The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.
Futures for Canada's main stock index were subdued on Friday, mirroring Wall Street peers, as investors remained cautious of U.S. debt burden and awaited trade and economic updates.
Stock markets were mostly down and the dollar continued to fall as concerns persisted over U.S. government debt.
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