Stock Futures Fall as Trump’s Europe Tariffs Weigh on Sentiment
Bloomberg.com • • business
Key Points:
- US President Donald Trump announced new tariffs on eight European countries related to Greenland, impacting market sentiment negatively at the start of trading on Monday.
- Futures for the Euro Stoxx 50 fell by 1.2%, and S&P 500 futures dropped 0.8%, reflecting investor concerns over the tariffs.
- US cash markets were closed on Monday due to a holiday, limiting immediate market reactions.
- The US dollar weakened against all Group-of-10 currencies, with the Swiss Franc and Japanese yen gaining the most as investors moved toward safe-haven assets.
