June S&P 500 E-Mini futures (ESM25) are up +1.50%, and June Nasdaq 100 E-Mini futures (NQM25) are up +1.28% this morning, pointing to a modest recovery on Wall Street as investors seek dip-buying opportunities while waiting for clarity on how U.S. President Donald Trump’s trade policies will play out.
President Trump made a series of remarks on Monday regarding his proposed tariffs on global trading partners. However, he provided scant detail about what he wants in return for reducing tariffs or whether he intends to offer any relief at all. Investors took some comfort after Japan pushed ahead with talks on a potential tariff deal.
