Global Market Declines Amid Tariff Concerns and Economic Uncertainty
US stock index futures fell on Monday as worries persisted that tit-for-tat tariffs could affect the world's largest economy, while electric-vehicle maker Tesla declined following a bearish brokerage forecast. The decline in US-listed shares of Chinese companies also fell due to weak economic data, leading to a drop in crypto stocks. Companies such as Airbnb climbed on bullish brokerage ratings, providing some relief. Futures were down for the Dow, S&P 500, and Nasdaq.
- The ongoing uncertainty surrounding trade policies and their impact on consumer demand and corporate investment highlights the need for clear guidance from policymakers.
- How will the continued fluctuations in US-China relations influence the global economic recovery trajectory?