Asia Markets Mixed, Europe Slips, Dollar Weakens Further As Tariff Deadline Looms - Global Markets Today While US Slept

On Monday, June 30, U.S. markets closed higher, boosted by optimism over trade deals and possible rate cuts. Despite this strong finish, concerns about tariffs and fiscal policy weighed on overall performance. Investors reacted to soft economic data and shifting central bank expectations, while portfolio adjustments and rising bank stocks added momentum. Still, some analysts warned the rally may not last amid mounting economic and policy uncertainty.

In economic data, the Chicago PMI edged down to 40.4 in June from 40.5 in May, below the expected 42.7. Meanwhile, the Dallas Fed’s business activity index for Texas manufacturing rose to -12.7 from -15.3, signaling a slight improvement despite ongoing contraction.

Most S&P 500 sectors ended higher on Monday, led by tech, financials, and real estate, while energy and consumer discretionary declined.

The Dow rose 0.63% to 44,094.77, ...