Tariffs and Cryptocurrencies Edge Up Ahead of Trump's Moves
US stock futures rose on Monday amid uncertainty about President Donald Trump’s plans to impose tariffs on major US trading partners this week, boosting the Dow, S&P 500, and Nasdaq futures. The upcoming jobs report and key retail earnings also weighed on investors' minds as they consider potential implications for economic growth. Market volatility is expected to persist in March with tariff deadlines looming.
- The surge in cryptocurrencies, including bitcoin and ethereum, raises questions about the role of government intervention in the digital asset market and its impact on overall financial stability.
- Will the inclusion of these cryptocurrencies in a strategic reserve lead to increased regulatory scrutiny and potential market volatility in the coming months?