FOR THE CONVERSATIONS THAT MATTER AND INSIGHTS YOU NEED, LET'S GET STARTED. ♪ >> NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE WITH FRANCINE LACQUA." FRANCINE: GOOD MORNING AND WELCOME.TRUMP'S TARIFFS AND TAXES DOMINATING THE NEWS AGENDA. WE WILL HAVE TEAM COVERAGE OF TRADE DEALS AND THE SO-CALLED BIG, BEAUTIFUL BILL. FIRST, THE LATEST ON TRADE. U.S.COMMERCE SECRETARY HOWARD LUTNICK SAYS WASHINGTON AND CHINA HAVE FINALIZED A TRADE TRUCE. IT SETS OUT TERMS FROM EARLIER TALKS IT STILL DEPENDS ON FUTURE ACT ...

You, of course, just left the East Room where President Trump held this one big, beautiful event celebrating a bill that has yet to pass the Senate or repass the House. And obviously the parliamentarian in the Senate has thrown up some hurdles today. Is the parliamentarian making this effort harder, making it harder to meet the president's deadline of July 4th.I think reconciliation has a process and we all respect the process. So I think they just going through the way they do things in the Senate and I th ...

- [Interviewer] On the July deadlines coming up for the trade deals, is that deadline still hard and fast for the president, or is he now considering even coming to trade deals after that deadline. And where is he on that going forward. - I think the president has been asked this quite a few times by many of you in the media.I've heard him answer it at press conferences and at gaggles, he just spoke about it on Air Force One, the deadline is not critical. The president can simply provide these countries wit ...

Fred, you're here in studio. I'm going to start with you. Good morning.Thanks again for being here. Morning. Um, as we look at uh the end of these quote unquote liberation day tariffs pause coming up, you know, in about two weeks, even though we know it could even be longer because it's being battled in court right now.What does this all mean for emerging markets considering the other action we're seeing the potential of a rate cut in the US and then also a weakening dollar. Well, everybody really wants to ...

James Pakukus is economic policy analyst at the American Enterprise Institute and a CNBC contributor. It's good to have you here and I think that in some ways these stories are related because it was not it was just a couple of weeks ago we were told, you know, look, the US might be trying to strike a deal with Iran to bring those barrels back or keep them in the market even as it has to crack down on Russia. Well, now it sounds like um the tone is shifting towards more aggressive on both Iran and Russia.Ye ...

Group 1 - The US and China have reached an agreement to significantly reduce tariff rates for the next 90 days to facilitate negotiations for a new trade agreement [1]

Economic Sentiment - 51% of voters believe the economy is strong, an increase of 5 points since April 2025 [1] - 42% of voters feel the country is on the right track, up 3 points from April 2025 [6] - 34% of voters report their personal financial situation is improving, while 39% say it is worsening, marking the lowest percentage since October 2021 [6] Approval Ratings - President Trump's approval rating stands at 47%, with 87% of Republican voters approving [2] - The Republican Party's approval rating is at 52%, the highest since March 2023, while the Democratic Party's approval is at 42% [6] Policy Support - Majority support for Trump's immigration policies and government efficiency, with 84% favoring lower prescription drug prices for Medicare recipients [5][6] - 70% of voters support raising the top income tax rate, while 63% favor actions to close the Southern border [6][11] Tariff and Trade Opinions - Voters are split on Trump's tariff policies, with 57% believing they are harming the economy [11] - 60% of voters think the U.S. has been taken advantage of in trade [11] International Relations - 59% of voters support Trump's relations with Saudi Arabia, while 62% express ethical concerns regarding Trump's acceptance of a luxury Boeing 747 from Qatar [11] - 62% of voters believe the Trump administration should continue providing weaponry to Ukraine and impose sanctions on Russia [18]

Group 1 - Major trade deals are positively impacting market sentiment, with major indices recovering nearly all losses since the announcement of tariffs [1] - Investors are advised to remain cautious despite the optimistic market outlook [1] - The technology sector is influenced by various themes, as highlighted by the experience of industry analysts [1] Group 2 - The article emphasizes the importance of focusing on industry trends and potential investment opportunities [1]

Market Overview - Markets experienced a rise due to optimistic sentiment surrounding trade deals with U.S. partners, particularly following an agreement with the UK that maintained a +10% tariff [1] - The Dow Jones Industrial Average increased by +254 points (+0.62%), while the S&P 500 rose by +0.58%. The Nasdaq and Russell 2000 saw even larger gains of +1.07% and +1.85%, respectively [2] Earnings Reports - Expedia (EXPE) reported Q1 earnings of $0.40 per share, missing the Zacks consensus of $0.42, despite a +90% year-over-year increase. Revenues were $2.99 billion, below the expected $3.03 billion, leading to a -6.7% decline in after-hours trading [3] - Affirm (AFRM) exceeded bottom line expectations with earnings of +$0.01 per share against a forecast of -$0.08. Revenues matched estimates at $783 million, while Gross Merchandise Value (GMV) rose +36% year over year. However, shares fell -8% in late trading [3] - DraftKings (DKNG) reported a bottom line of -$0.07 per share, an improvement from the projected -$0.30. Revenues of $1.41 billion grew +20% year over year but missed the Zacks consensus of $1.42 billion. The company lowered revenue guidance and adjusted EBITDA forecasts, yet shares rose +3% in post-market trading [4]