U.S. stock futures rose Tuesday after a holiday pause and last week’s pullback, according to Benzinga. Markets had been closed Monday for Memorial Day, and recent moves reflect cautious optimism as investors eye the Fed’s June meeting, where futures indicate a 97.9% chance rates will remain unchanged. Trump extended his proposed 50% EU tariff deadline to July 9th following talks with European Commission President Ursula von der Leyen, who called for swift negotiations. Sector weakness in tech and retail pressured Friday’s close, with Apple falling nearly 3% on Trump’s iPhone tariff threat. Analysts note mounting investor caution, with some capital moving to safer assets as Capitol Hill debates a deficit-heavy spending bill following Moody’s U.S. downgrade.
