Dow and S&P Futures Dip; Nasdaq Eyes Gains Amid Trump Tariff Concerns
U.S. stock futures are indicating a mixed market open on Thursday, with the Dow Jones Industrial Average and S&P 500 futures pointing to losses, while the Nasdaq 100 is set to edge up. The market is reacting to President Donald Trump’s announcement of a potential 50% tariff on goods from Brazil, which has dampened the previous day’s rally led by Nvidia. The uncertainty surrounding the new tariffs is causing investor caution, leading to a potential decline in the Dow and S&P 500.
The market was initially buoyed by strong performances from several major companies, including Nvidia, Broadcom, Kellogg, and Delta, which released positive earnings reports. However, Trump’s tariff announcement has shifted market sentiment. Investors are closely watching how these developments will impact the broader market, with the Dow and S&P 500 futures currently in the red, indicating a potentially downbeat start to the trading day.
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