South Korea says seeking extension to US 90-day tariff pause

Stock futures are ticking up this morning, especially for the Dow, after Canada backed off a proposed digital-services tax—a move seen as an olive branch to keep trade talks with the U.S. on track. Investors seem hopeful this could ease tensions and avoid disruptions in cross-border commerce.

Oil prices dropped as traders reacted to two key factors: the possibility of OPEC+ increasing supply soon and reduced concerns about escalating tensions in the Middle East. Basically, the market thinks there might be more oil coming, and geopolitical risks aren’t looking as dire—so prices took a hit.

Asian stock markets held steady as investors cautiously watched the resumption of trade talks between the U.S. and Canada. While there wasn’t a major rally, the lack of sharp declines suggests traders are hopeful—or at least waiting to see if the negotiations lead to a breakthrough.

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