Market Reacts to Tariffs and Earnings Reports
As the trading day commenced, US stock futures saw a downward trend this Tuesday. Investors are closely monitoring the latest economic data, corporate earnings, and the unfolding situation regarding President Donald Trump's recent imposition of a 25% tariff on steel and aluminum imports.
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Impact on Major Indices
By 4:30 am ET, notable declines were observed across major indices: the Dow Jones decreased by 0.22%, the Nasdaq 100 by 0.41%, and the S&P 500 by 0.31%. Meanwhile, currency markets remained relatively stable, with the euro holding steady at $1.03136 against the US dollar at 4:29 am ET.
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