Market

Wall Street Braces for Impact: Dow, Nasdaq, and S&P 500 Dip Premarket Amid Tariff Tensions

Market Tensions Rise as Tariff Deadlines Loom

Wall Street showed signs of strain in premarket trading this Tuesday, following a turbulent session the day before. Investors are on high alert as the Trump administration's new tariffs are set to take effect tomorrow, with potential countermeasures from trading partners adding to the uncertainty.

Economic Data Awaited

Attention is also turning to upcoming economic reports, including March's manufacturing sector activity, the JOLTS job openings, and February's construction spending figures, all due after the market opens.

Premarket Performance

By 4:19 am ET, the Dow Jones had fallen by 0.33%, the Nasdaq 100 lost 0.20%, and the S&P 500 declined by 0.28%. Meanwhile, the euro traded 0.11% lower against the dollar, at 1.08037.