Wall Street buoyed by Lutnick's 10-deal pipeline, but analyst warns present calm may merely be the 'eye of the storm'
Briefly

Recent market activity indicates a period of calm amid previous volatility, with the S&P 500, Nasdaq, and FTSE 100 nearing all-time highs. This stability is attributed to positive statements from U.S. Commerce Secretary Howard Lutnick about potential trade deals ready for signing. However, analysts advise caution as the looming deadline for tariffs could instigate renewed uncertainty in the markets. Lutnick's plan includes using top trade agreements as blueprints for future negotiations with countries like Japan and India, suggesting a methodical approach to trade discussions.
Markets are experiencing a relative calm amid recent volatility, as major indices show modest gains, though analysts warn this may be a temporary respite.
U.S. Commerce Secretary Lutnick indicated that the White House has several trade deals ready to be finalized, boosting investor sentiment and calming market nerves.
Despite positive news on trade negotiations, analysts caution that upcoming tariff deadlines could reignite uncertainty that markets are currently navigating.
Lutnick's strategy involves using America's top 10 deals as templates for future negotiations, indicating a systematic approach to expedite trade discussions.
Read at Fortune
[
|
]