Reported 1 day ago
US stock futures dropped sharply as fears of a prolonged trade war intensified after China announced a 34% tariff on US goods in retaliation to President Trump's recent tariffs. The Dow futures fell over 1,200 points, while the S&P 500 and Nasdaq futures also experienced significant declines. Economic concerns are growing, highlighted by a mixed jobs report and declining oil prices, as investors react to the escalating trade disputes.
Source: YAHOO