Market Reacts to Tariff Announcements and Earnings Reports

US stock futures saw a downturn early Tuesday as investors weighed the implications of new tariffs and the latest round of earnings reports. President Donald Trump's recent approval of a 25% tariff on steel and aluminum imports has stirred the pot, adding to the market's volatility.

By 4:30 am ET, the Dow Jones had decreased by 0.22%, with the Nasdaq 100 and S&P 500 not far behind, dropping 0.41% and 0.31% respectively. Meanwhile, currency markets remained relatively stable, with the euro holding steady at $1.03136 against the US dollar at 4:29 am ET.