Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.1%), Nasdaq Composite (-0.1%), and DJIA (-0.4%) now trade near their session lows amid declining sector strength.

A White House official told CNBC that President Trump signed an executive order extending the lower tariff truce with China for an additional 90 days.

Separately, the president announced via Truth Social that gold will not be subject to tariffs. GC00-USA gold settled today's session $86.30 lower (-2.5%) at $3,404.90/ozt. 

Bloomberg reports that Fed Vice Chair Michelle Bowman, Fed Vice Chair Phillip Jefferson, and Fed President Lorie Logan are being considered for the Fed Chair nomination. They now join James Bullard, Marc Summerlin, Kevin Hasset, Christopher Waller, and Kevin Warsh on a growing list of potential candidates.