Stock Futures Slide as Tariff Deadline Draws Near: Markets Wrap

July 4, 2025, 7:52 PM UTC

US stock futures retreated Friday as American trade partners pushed for concessions ahead of a July 9 deadline to finalize trade deals with the Trump administration. Meanwhile OPEC+ delegates meeting tomorrow will consider an increase of more than 411,000 barrels a day in August.

Contracts for the US benchmark fell 0.6% after the gauge ended the trading week at a fresh all-time high. US President Donald Trump dialed up trade tensions after Thursday’s close, warning partners he may start setting levies of as much as 70% unilaterally as soon as today.

With less than a week to go before the ...

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