Market Reacts to Tariff Concerns

US stock futures experienced a significant drop on Tuesday, driven by growing apprehensions over an anticipated tariff announcement from President Donald Trump. This development has sparked fears of a potential impact on international trade and the global economy.

Futures and Currency Market Movements

The Dow Jones futures saw a decrease of 256 points, marking a 0.62% fall. Similarly, the S&P 500 and Nasdaq-100 futures weren't spared, with declines of 0.52% and 0.55%, respectively.

In the currency markets, the euro was trading 0.29% lower against the US dollar at 8:02 am ET, with the exchange rate settling at 1.07860.