U.S. stock futures experienced a dramatic drop following President Trump's announcement of sweeping tariffs, raising fears of a global trade war. Major companies like Nike and Apple faced significant losses, with the S&P 500 heading into correction territory.
Stock futures struggle as the Federal Reserve's interest rate decision approaches. After a tough Tuesday, markets face uncertainty with the S&P 500 nearing correction territory. Investors are bracing for insights on the economy's future.
After a sharp decline that pushed the S&P 500 into correction territory, futures show signs of recovery. With tariffs causing uncertainty, investors are left wondering about the future of the market.
The S&P 500 has officially entered correction territory, falling more than 10% from its peak as Donald Trump’s escalating trade wars send shockwaves through the market. With tariffs on steel and aluminum now in effect, and threats of new tariffs on European goods, investors are on edge. The Nasdaq Composite is also feeling the pressure as Wall Street grapples with uncertainty and volatility.
President Trump has expanded his tariff pause on goods from Canada and Mexico, impacting the U.S. markets negatively. With layoffs surging and Bitcoin initiatives underway, what does this mean for the economy?