Auctions & Tariffs: Your July 07 Equity Futures Playbook Market Overview & Sentiment News U.S. stock futures opened lower as investors grappled with renewed trade uncertainty following President Trump’s threat of additional tariffs on BRICS-aligned nations. S&P 500 futures fell 0.3% and Nasdaq futures dropped 0.4% ahead of today’s U.S. Treasury bill auctions. Dow futures were down roughly 0.35% as markets paused after last week’s gains and awaited clarity on trade policy. Tesla shares slumped about 6.7% premarket amid CEO Elon Musk’s political announcement, weighing on tech futures. OPEC+ agreed to boost oil output by 548,000 barrels per day for August, keeping oil prices relatively steady and offering support for energy-related names in futures. Datadog’s inclusion in the S&P 500 drove its stock up 15%, adding to sector rotation into midcaps ahead of today’s session. Foundational Analysis The U.S. labor market displa...