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Stocks Slip Ahead of Data; Senate Pulls All-Nighter on Trump Tax Bill | Bloomberg Brief 7/1/2025

Upworthy Tuesday, 1 July 2025 ()
Equity futures fall after the S&P 500 posted its best quarter since 2023, while the dollar saw its weakest half of a year since 1973.
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News video: Trump’s $3.3t Tax Bill Faces Senate REVOLT As Renewable Cuts Trigger Backlash | Debt Panic Grows

Trump’s $3.3t Tax Bill Faces Senate REVOLT As Renewable Cuts Trigger Backlash | Debt Panic Grows 03:21

President Donald Trump’s $3.3 trillion tax and spending bill has hit turbulence in the U.S. Senate. Senate Majority Leader John Thune is racing to meet Trump’s July 4 deadline, but faces internal GOP divisions. At least eight Republican senators oppose key parts of the bill, ranging from Medicaid...

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