U.S. stock futures edged lower Monday as investors turned cautious ahead of a looming trade deadline set by President Donald Trump. With the July deadline for negotiations approaching, traders are bracing for potential policy shifts that could impact global markets.
Tesla (NASDAQ: TSLA) dropped 6.8% in premarket trading after CEO Elon Musk announced plans to form a new political party, fueling concerns that his political ambitions could distract from Tesla’s operations.
Apple (NASDAQ: AAPL) slipped 0.5% after the tech giant moved to challenge a €500 million ($587 million) fine from European regulators in court. The penalty stems from alleged violations of landmark EU antitrust laws targeting Big Tech dominance.
Stellantis (NYSE: STLA) shares fell 4.5% following news that the U.S. National Highway Traffic Safety Administration launched a probe into 1.2 million Ram trucks over transmission issues.
Shell (NYSE: SHEL) ADRs declined 3.1% after issuing a weaker-than-expected Q2 trading update, citing lower downstream earnings and soft trading performance.
MGM Resorts (NYSE: MGM) dropped 1.8% after Goldman Sachs initiated coverage with a “sell” rating, citing concerns over market volatility in Las Vegas.
Geo Group (NYSE: GEO) surged 7.5%, and CoreCivic (NYSE: CXW) rose 2.7% after Trump’s tax-and-spending bill passed, significantly boosting immigrant detention funding—a key revenue source for both private prison operators.
CrowdStrike (NASDAQ: CRWD) slipped 1.6% as Piper Sandler downgraded the stock to “neutral,” citing limited upside at current valuations.
Chubb (NYSE: CB) also dipped 1% after Barclays lowered its rating to “equal weight,” noting constrained growth prospects.
Investors continue to monitor macroeconomic developments and corporate moves as markets enter a pivotal week.


Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data
India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally
Dollar Holds Firm as Strong U.S. Data, Fed Expectations and Global Central Bank Moves Shape Markets
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs
JPMorgan Lifts Gold Price Forecast to $6,300 by End-2026 on Strong Central Bank and Investor Demand
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 



