
Market Volatility and Tariff Concerns
US stock futures experienced a slight decline on Friday, marking the end of a week characterized by significant market volatility. The fluctuation was primarily driven by fears of stagflation and uncertainties surrounding ongoing tariff policies.
Federal Reserve's Stance
Despite maintaining steady rates, the Federal Reserve adjusted its forecast for US growth in 2025 downwards, while increasing its inflation outlook. This revision was attributed to the economic disruptions caused by President Donald Trump's unpredictable tariff strategies.
Market Performance
As of 4:31 am ET, the S&P 500 saw a decrease of 0.46%, with the Nasdaq also trading 0.44% lower. The Dow Jones Industrial Average was not spared, decreasing by 0.45% or 186 points. In the currency markets, the euro experienced a 0.22% decline against the dollar, trading at 1.08285 at 4:33 am ET.
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