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European stocks set to open higher as traders assess the fate of Trump's tariffs

1. European stocks expected to open slightly higher amid tariff uncertainty. 2. Trump seeks Supreme Court ruling on illegal tariffs case. 3. ADP report forecasts softer jobs growth for August. 4. Upcoming jobs report could influence near-term market outlook. 5. Tech rally helped elevate S&P 500, despite economic fears.

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FAQ

Why Neutral?

Tariff uncertainty and soft job growth may create volatility. Historical examples show mixed impacts from similar labor reports.

How important is it?

Labor market data and tariffs directly influence economic expectations, affecting S&P 500 performance.

Why Short Term?

Immediate labor data and tariff rulings expected to impact market sentiment quickly.

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