1. Trump Threatens BRICS Tariffs

President Trump announced a 10% tariff plan targeting BRICS nations. This move rattled global markets and signaled potential trade wars. “We won’t tolerate unfair deals,” he stated, causing uncertainty across global exchanges.

2. Tesla Stock Takes a Hit

Tesla’s shares fell 7% after Elon Musk launched the “America Party.” Investors fear divided leadership. “Focus brings success,” said one analyst. Markets responded with immediate pullbacks.

3. OPEC+ Boosts Oil Production

OPEC+ revealed its plan to increase oil output in August, easing global price pressure. Energy stocks showed early signs of strength. “Oil runs the world, and OPEC runs oil,” one expert said.

4. Futures Trade Lower

Dow, S&P 500, and Nasdaq futures traded in the red. Investors braced for volatility amid political headlines, international unrest, and corporate leadership changes.

5. Investors Await Fed Comments

All eyes remain on the Fed. Markets expect fresh comments on interest rate strategy later today. Analysts suggest, “Words from the Fed move more than numbers.”