Stock futures are trending lower, extending Monday’s losses amid escalating trade tensions and investor caution ahead of the Federal Reserve’s policy meeting. This downturn follows President Donald Trump’s announcement of potential tariffs on pharmaceutical imports, adding to recent tariff threats on foreign-made movies. The prospect of new tariffs has raised concerns about their impact on corporate earnings and economic growth.
Investors are also closely watching the Federal Reserve’s two-day policy meeting, which begins today. While the Fed is expected to keep interest rates unchanged, market participants are eager for insights into the central bank’s assessment of inflation and the potential economic impact of ongoing trade policies.
In the commodities market, Brent crude oil and gold futures have both risen by over 2%, reflecting increased demand for safe-haven assets amid market volatility. The yield on the 10-year U.S. Treasury note has edged down to 4.347%, indicating cautious investor sentiment.
In pre-market trading, S&P 500 futures fell 0.82%, Nasdaq futures fell 1.12% and Dow futures fell 0.66%.
Check out this morning’s top movers from around Wall Street, compiled by The Fly.
UP AFTER EARNINGS –
DOWN AFTER EARNINGS –
- DoorDash (DASH) down 5%
- UL Solutions (ULS) down 5%
- FIS (FIS) down 2%
- DigitalOcean (DOCN) down 2%
- Palantir (PLTR) down 8%
- Ford (F) down 2%
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAR:
- Marriott sees stronger FY RevPAR growth internationally vs. U.S., Canada
- Marriott: Experienced softness in extended stay demand in U. S. in March
- Marriott says visibility into 2H ‘limited’
- Marriott sees lower than expected RevPAR growth in U.S., Canada for Q2-Q4
- Marriott says in period of heightened macro uncertainty