September S&P 500 E-Mini futures (ESU25) are trending up +0.32% this morning, capping a week dominated by tariff and geopolitical developments, as well as a wave of earnings, with investors weighing U.S. President Donald Trump’s efforts to tighten his grip on the Federal Reserve.
Gold futures in New York jumped after a Financial Times report said that U.S. imports of one-kilogram bullion bars are now subject to tariffs, posing a threat to trade flows from Switzerland and other major refining hubs. The most-active contract rose to a record intraday high above $3,534 an ounce.
