Market Downturn as Tariff Worries Loom

Wall Street experienced a downturn in premarket trading on Tuesday, following a turbulent session the previous day. Investors are on edge as the Trump administration prepares to impose new tariffs, with potential countermeasures from other countries adding to the uncertainty.

Key Economic Data on the Horizon

Market participants are also looking ahead to several key economic reports, including March manufacturing sector activity, the JOLTS job openings release, and February construction spending, all set to be released after the opening bell.

Premarket Figures Reflect Caution

At 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.