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Trade Outlook Blunts Wall Street Pre-Bell; Asia Mixed, Europe Up
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Trade Outlook Blunts Wall Street Pre-Bell; Asia Mixed, Europe Up
Jul 7, 2025 4:37 AM

07:15 AM EDT, 07/07/2025 (MT Newswires) -- Equity futures pointed moderately lower pre-bell Monday, as traders weighed the pending July 9 US deadline for concluding trade deals with major partners, including Japan and Europe.

In the futures, the S&P 500 fell 0.3%, the Nasdaq declined 0.4% and the Dow Jones was off 0.1%.

The week ahead is light on economic reports, but the Federal Reserve will release minutes from its June 17-18 policy meeting on Wednesday, sure to be parsed for clues to the central bank's thinking.

Later in the week, Delta Air Lines (DAL) and Conagra Brands (CAG) will report earnings, among others.

Asian exchanges traded unevenly overnight, as interest rates softened in mainland China, but trade outlooks remained uncertain. European bourses tracked moderately higher at midday on the continent.

In pre-market action, Bitcoin traded at $108,747, West Texas Intermediate crude oil traded higher at $67.13, and 10-year US Treasuries offered 4.36%. Spot gold traded for $3,308 an ounce.

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