September S&P 500 E-Mini futures (ESU25) are down -0.21%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.29% this morning, taking a breather after a recent rally, as investors monitor progress on U.S. trade talks and wrangling in Washington over President Donald Trump’s tax-and-spending bill.
President Trump’s “big, beautiful bill” failed to pass the Senate on Monday. A final vote on the bill could come Tuesday, but first, Republicans will need to align on what the legislation would mean for Medicaid, tax cuts, green energy subsidies, and the widening budget deficit.
