Market Reacts to New Tariffs and Economic Data

On Tuesday, US stock futures experienced a downturn as investors grappled with the latest economic data, earnings reports, and the implications of new tariffs. President Donald Trump's approval of a 25% tariff on steel and aluminum imports has added to the market's uncertainty.

Performance of Major Indices

By 4:30 am ET, the Dow Jones had fallen by 0.22%, the Nasdaq 100 dropped 0.41%, and the S&P 500 saw a decline of 0.31%. The currency markets remained relatively stable, with the euro trading flat at $1.03136 against the US dollar at 4:29 am ET.