Market Watch: US Equities Face Pressure
As the world turns its attention to the new tariffs announced by President Donald Trump, major US equities experienced a downturn during Wednesday's premarket trading. Trump's declaration of April 2 as "Liberation Day" has added to the market's volatility, with investors closely monitoring the situation.
Key Indicators Show Decline
The Dow Jones Industrial Average saw a decrease of 0.28% at 4:25 am ET, with the Nasdaq 100 and the S&P 500 not far behind, dropping 0.43% and 0.37% respectively. Meanwhile, the euro remained stable against the dollar, trading at 1.07952.
Economic Data on the Horizon
Today's economic agenda is packed, featuring updates on employment, mortgage applications, and new purchase orders for manufactured goods, providing further cues for market direction.
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