Apple, Trump
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The delay offers the bloc a reprieve from the threatened 50% tariffs set to go into effect on June 1.
U.S. futures have turned sharply higher and Asian shares mostly fell after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9 from June 1.
Markets will be digesting Trumps new tariff threats, while Dell, Autozone, Macy’s, and more report earnings. Plus, economic data on consumers and home prices.
Stocks start lower as investors worry about tariffs and Treasury yields as President Donald Trump's tax bill continues to travel through Congress.