Meanwhile, Chinese stocks gain on exports pickup.
Trump plans to impose blanket tariffs of 15% or 20% on most trade partners.
Amazon "Prime Day" sales plunge 41% in first day of four-day event.
Equities struggle to find directional drivers.
The latest tariffs are set to take effect on August 1.
A July rate cut is off the table.
Today we get nonfarm payrolls. Tomorrow US markets are closed.
Gold stronger as Trump tax bill stokes US deficit concerns.
Any disappointment in the payroll data this week could prompt another round of dollar selling.
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Stocks hit record as Fed cut bets gain momentum.
Trump calls Jerome Powell “terrible”.