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We are two hours into the trading day. It’s time for Yahoo! Finances market minute. Stocks trading near the lows of the session, as renewed trade uncertainty weighs on investors. Trade talks between the U.S. and key trading partners are in flux. That’s ahead of the July 9th deadline. But administration officials are already signaling a new August 1st deadline. One ticker we’re watching is SoFi. Shares of the lender are trading higher. The stock likely getting a boost from President Trump’s signature tax legislation. The law benefits companies offering private student loans, because it limits how much money students and parents can borrow for college from the federal government. It will likely affect graduate and professional students. The lifetime cap for grad students is now $100,000, down from the current limit of $138,500. And that’s your Yahoo! Finance market minute. For more on what’s trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of the session.
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