Nomura Securities analysts said in a research report that the market may experience volatility as the July 9 deadline approaches. The near-term outlook may depend on several key factors, including tariff rates, the effective date of such tariffs, and the countries involved in the new agreement. The analysts said, "Although uncertainty remains high under multiple possible scenarios, we believe that further clarity on trade tariffs may actually help the market to eventually move higher." They said that a new tariff agreement could reduce uncertainty, allowing investors to temporarily focus on other positive developments, such as the Federal Reserve's rate cut theme and the artificial intelligence narrative. (Golden Ten) [Odaily Planet Daily]