Reported 1 day ago
US stock futures fell sharply after President Trump's unexpected announcement of reciprocal tariffs during a 'Liberation Day' event at the White House. By late afternoon, S&P 500 futures dropped 1.7%, Nasdaq 100 futures decreased 2.5%, and Dow futures were down 0.7%. This surprised investors who were anticipating clarity on trade policies. Concerns about potential trade wars and rising costs in various sectors have unsettled the markets, despite some positive job growth data from March.
Source: YAHOO