U.S. stock futures rose Wednesday night after President Donald Trump signaled a retreat from planned tariffs on the European Union, following what he described as a “very productive” meeting with NATO Secretary General Mark Rutte, marking a resurgence of the “TACO Trade.”
The S&P 500 Futures are up 0.30%, or 21 points, trading at 6,931.00, followed by Nasdaq Futures at 25,579.00, up 0.43%, or 108 points and finally Dow Futures, trading at 49,353.00, up 88 points, or 0.18%, on late Wednesday evening.
This comes after Trump announced in a Truth Social post on Wednesday that he will no longer impose the planned 10% tariffs on the bloc, after arriving at a “framework of a future deal” on …Full story available on Benzinga.com
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