US Stock Market Live Updates: Wall Street futures have plummeted ahead of the return to normal trading following Monday’s holiday. Dow Jones futures have dropped nearly 718 points, while S&P 500 futures are down 1.6%. Nasdaq futures are down by approximately 1.8%. This marks Wall Street’s initial response to US President Donald Trump’s warning of a 10% tariff set for February 1 on European allies for failing to comply with his Greenland acquisition plans. If an agreement isn’t reached by June, this tariff will increase to 25%. European nations are also preparing counteractions against the US prior to a significant meeting tomorrow. As global markets adopt a risk-off stance, the demand for safe-haven assets has surged, with Gold and Silver prices hitting new highs worldwide. Attention will also be focused on the US Supreme Court today regarding its decision on the legality of Trump’s tariffs.
US Stock Market Live Updates: Wall Street futures have plummeted ahead of the return to normal trading following Monday’s holiday. Dow Jones futures have dropped nearly 718 points, while S&P 500 futures are down 1.6%. Nasdaq futures are down by approximately 1.8%. This marks Wall Street’s initial response to US President Donald Trump’s warning of a 10% tariff set for February 1 on European allies for failing to comply with his Greenland acquisition plans. If an agreement isn’t reached by June, this tariff will increase to 25%. European nations are also preparing counteractions against the US prior to a significant meeting tomorrow.
As global markets adopt a risk-off stance, the demand for safe-haven assets has surged, with Gold and Silver prices hitting new highs worldwide. Attention will also be focused on the US Supreme Court today regarding its decision on the legality of Trump’s tariffs.
Watch this space for all the Live updates on Wall Street moves, global market reactions and key developments shaping US trade policy.
