Stock futures tumbled after President Trump announced steeper-than-expected tariffs, triggering a market sell-off and escalating global trade war concerns. The U.S. will impose a baseline 10% tariff on all imports, with higher rates for the EU, Taiwan, China, and Vietnam. The EU and China vowed to retaliate. Analysts warned of
Stock futures slipped as Wall Street anticipated President Trump’s reciprocal tariffs’ rollout. The White House confirmed the new levies would be “effective immediately.” White House aides have drafted a proposal to impose tariffs of approximately 20% on most imports. Other trade measures, including a 25% tariff on “all cars that
Stock futures dip ahead of anticipated U.S. tariff announcements, fueling investor anxiety. AI investments and inflation fears add to market uncertainty, leading to a shift towards safe-haven assets. Tesla sees European sales rise in March but faces overall quarterly decline due to political controversy. J&J’s $10 billion talc settlement rejected,
U.S. stock futures edged lower on Friday, with investors cautious about ongoing tariff uncertainty and awaiting the PCE inflation data. Stocks declined on Thursday due to President Trump’s new tariffs on foreign automakers. Despite the decline, Wall Street is on track for its second consecutive week of gains. Australia called
The latest GDP numbers were slightly ahead of estimates, while initial jobless claims were little changed. US stock futures remained largely unchanged Thursday morning as investors processed President Trump’s tariff developments. Trump announced a 25% tariff on “all cars not made in the US,” rattling auto stocks. General Motors, Stellantis,
Wall Street has seen three consecutive days of gains, fueled by cautious optimism regarding potential tariff softening. But stock futures were relatively flat early Wednesday. Investors are closely monitoring inflation and recession indicators, especially with the April 2 tariff deadline. UK inflation slowed slightly in February. U.S. consumer confidence weakened,
U.S. stock index futures retreated after the previous session’s gains. President Trump reiterated his plan to impose tariffs on automobiles, pharmaceuticals, lumber, and semiconductors. The U.S. will impose 25% tariffs on countries buying oil and gas from Venezuela. Tesla’s European sales slumped due to rising competition and backlash against Elon
