U.S. Stock Market Woes Persist as Trump's Tariffs Loom
U.S. stock index futures fell on Monday as worries persisted that the Trump administration's tariff policies could affect the world's largest economy, while EV maker Tesla declined following a bearish brokerage forecast. The benchmark S&P 500 logged its biggest weekly drop since September on Friday and the tech-heavy Nasdaq fell more than 10% from its December record high on Thursday. Investors will be watching closely for data on inflation, job openings and consumer confidence later in the week.
- As trade tensions escalate, global investors are facing a stark reality: they can't predict what Trump's next move will be, leaving them to navigate treacherous waters with little direction.
- Will the market's response to these uncertainty-driven moves ultimately prove to be a catalyst for growth, or simply a precursor to more volatility?