Market Reacts to Trump's Tariff Comments

Following President Donald Trump's comments on considering a 50% tariff as a "total victory" a year from now, United States market futures experienced a downturn. Trump also mentioned making 200 trade deals since announcing tariffs, though specifics were not disclosed.

Corporate Earnings Reports Show Decline

Amidst the market's reaction to tariff talks, both SLB and Colgate-Palmolive reported declines in their first-quarter revenues, adding to the day's financial unease.

Market Indices and Currency Impact

By early morning, the Dow Jones futures had dropped by 41% or 167 points, with the Nasdaq 100 and S&P 500 also seeing losses. The euro weakened against the dollar, trading 0.30% lower.