Dow Jones futures held steady despite mixed labor market data. "Taxes on futures trading" influence swing trade setups, especially when income is subject to multiple jurisdiction reporting. Spokane parks hasn't gone out to voters to raise taxes since 2014, with a $64 million bond to make major improvements to Riverfront Park basically for the first time since voters approved taxes to create the park after Expo '74. Voters overwhelmingly signed on with over 68% of the vote. The House voted to approve President Trump's "big, beautiful" tax bill on Thursday, sending the 1,000-page package to the Senate next. Small-cap stock futures gained traction on Russell 2000 rallies, though "taxes on futures trading" can offset upside for short-term momentum strategies. Analysts flag low market breadth as a potential Q3 volatility driver.
