US Stock Futures Drop Following Tariffs on Trading Partners
U.S. stock futures fell sharply after President Trump's tariffs on China, Mexico, and Canada, prompting investors to prepare for important earnings and job reports this week.
U.S. stock futures plunged Monday after President Donald Trump imposed tariffs on China, Mexico, and Canada - the three largest U.S. trading partners. This move marks the first shot in the trade war following a strong but choppy start to 2025 for markets.
The S&P 500 climbed 2.7% in January, while the Nasdaq Composite and Dow Jones Industrial Average increased by 1.6% and 4.7% for the month, respectively. Investors will have to consider additional critical factors this week alongside the new tariffs.
A substantial portion of the S&P 500 is set to report earnings this week, and the January U.S. jobs report is expected to be released on Friday. Stay tuned for live market updates.
