Mon Jun 30 07:40:00 UTC 2025: **FOR IMMEDIATE RELEASE**

**US Stock Futures Point to Record-Breaking End to Volatile First Half**

**NEW YORK, NY – July 1, 2024** – U.S. stock futures are trending upward on Monday, signaling a potentially strong finish to a turbulent first half of the year that saw significant market fluctuations driven by trade tensions and economic policy debates.

As of early morning trading, Dow Jones Industrial Average futures were up approximately 0.5%, while S&P 500 futures gained 0.3%, and Nasdaq 100 futures increased by around 0.5%.

Investor sentiment is being buoyed by recent progress on the trade front. While President Trump abruptly halted trade talks with Canada last week over its digital tax policy, Canada quickly rescinded the tax late Sunday, potentially reopening negotiations. Additionally, India has extended its visit to Washington to finalize a trade deal. Administration officials also confirmed a trade framework with China is in place.

President Trump’s economic agenda remains a key focus this week, with a July 9th deadline looming for potential resumption of tariffs. However, Trump indicated on Sunday he did not believe an extension would be necessary. The Senate’s deliberation over the proposed $4.5 trillion tax cut bill is also being closely watched, particularly in light of the Congressional Budget Office’s estimate that it would add $3.3 trillion to the deficit over the next decade.

June saw substantial market gains, fueled by optimism surrounding global trade and easing tariff concerns. The S&P 500 is up over 4%, the Nasdaq Composite has surged over 5.5%, and the Dow has climbed 3.5%.

On Friday, all three major indexes closed higher, with the S&P 500 and Nasdaq reaching new record highs, marking the first time since February – the start of the year’s tariff-fueled stock swings – that these milestones have been achieved. All three major indexes are up at least 3% so far this year.

Oil prices experienced a slight dip overnight Sunday as global markets responded to easing tensions in the Middle East and OPEC+’s commitment to increased supply in August.

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