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Benzinga
Benzinga
Business
Rishabh Mishra

US Stocks Expected To Open Lower, But Bitcoin-Exposed Stocks Soar In Premarket After BTC Breaches $118K Mark

United States Bitcoin Donald Trump Ed Yardeni Dow Jones
Wall Street

U.S. stock futures declined on Friday after ending marginally higher on Thursday. Futures of major benchmark indices were lower.

After President Donald Trump imposed 50% tariffs on Brazil, the country’s President, Luiz Inácio Lula da Silva, issued a warning Thursday about potential retaliatory tariffs if the U.S. proceeds with its planned 50% tax on Brazilian imports from Aug. 1.

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