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Tariff Uncertainty Sends US Stock Futures Lower

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Tariff Uncertainty Sends US Stock Futures Lower

US stock futures fell Sunday evening as investors reacted to the upcoming expiration of President Trump's 90-day tariff pause. Administration officials indicated tariffs will revert to April levels on August 1st unless trade deals are reached. Dow futures dropped 120 points, S&P 500 futures fell 0.41%, and Nasdaq futures declined 0.50%. The 10-year Treasury yield decreased, gold and oil prices also fell, while the US dollar weakened slightly against the euro and yen. The Federal Reserve's meeting minutes are due Wednesday.

Prepared by Christopher Adams and reviewed by editorial team.

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