MARKET NEWS UPDATE BY FORTUNE

Asian stocks followed gains in U.S. equities, and officials in Beijing appear to be toning down their responses to Trump’s tariff threats amid a weakening currency.

Elsewhere in markets:
-The pound slipped as Trump warned U.K. Prime Minister Theresa May that her Brexit proposal could “kill” any future U.S. trade deal
-Tech shares led gains in the U.S. overnight as the S&P 500 climbed to within 3% of its record

What to 👀: Earnings season kicks into gear, including results from JPMorgan Chase and Citigroup

 

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