US stock futures retreated Friday as American trade partners pushed for concessions ahead of a July 9 deadline to finalize trade deals with the Trump administration. Meanwhile OPEC+ delegates meeting tomorrow will consider an increase of more than 411,

On Thursday, the president told reporters that he’ll start sending out letters on Friday informing trading partners about unilateral tariffs as high as 60-70%.

U.S. stock index futures extended gains on Thursday after a stronger-than-expected June jobs report eased concerns about the health of the labor market despite uncertainties about U.S. trade policies.

The dollar, Treasury yields and oil prices were little changed with the employment report in focus and recent data suggesting the Fed shouldn’t rush to cut rates.