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Benzinga
Benzinga
Business
Tom Gentile

3 Big Surprises Just Hit The Markets – Here's How I'm Trading Them

TRUMP MUSK FEUD

In just the first few days of July, we've seen more market-shaking headlines than we usually get over the span of a full quarter. Congress officially passed President Trump's ‘Big Beautiful Bill' last week. In response, Elon Musk launched a new third political party and Trump pushed the expiration of the 90-day tariff freeze to August 1, while announcing a slew of new tariffs.

Meanwhile, gold hit three all-time highs (a triple top), oil is up around 35% from its year-to-date low of $62, and Bitcoin is inching toward new record highs after closing the week at $109,000. 

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