Here are five key things investors need to know to start the trading day:
President Donald Trump on Sunday announced a trade agreement with the European Union — just days before the Friday deadline. Trump said most goods, including cars, will face a 15% import tax, while European Commission President Ursula von der Leyen said some products, such as aircraft and select chemicals, would be exempt. The baseline 15% rate is notably lower than the 30% level Trump previously called for on the U.S.’s largest trading partner, but is above the 10% tax the EU originally hoped for. In other words, both parties seemed to compromise. Investors may have more good news coming, with the U.S. and China set to resume tariff discussions Monday.
Buckle up: It’s the busiest week of the earnings season. Around 30% of the S&P 500
is set to share quarterly results. Big Tech is headlining the week, with Microsoft
, Meta
