3 months ago
What was shaping up to beryllium a beardown opening for U.S. stocks is little truthful aft President Trump clarified his latest thoughts connected tariffs.
In a post connected his Truth Social complaining astir the influx of drugs from some northbound and southbound of the U.S. border, the president said tariffs volition statesman against Mexico and Canada connected March 4 (next Tuesday). An further 10% tariff connected China volition besides beryllium implemented that day, helium continued.
Comments Trump made astatine a furniture gathering yesterday implied these tariffs weren't to statesman until April.
Ahead much than 1% anterior to the latest threat, Nasdaq 100 futures person trimmed those gains to astir 0.6%. S&P 500 futures are posting lone marginal gains astatine property clip and Dow futures person turned lower.
The U.S. dollar scale has changeable higher by 0.5% connected the news.
Already under plentifulness of h2o over the past days and weeks — including a sizable tumble connected yesterday's tariff chatter — crypto is much oregon little hanging dependable astatine debased levels pursuing the news. Bitcoin (BTC) is little-changed implicit the past hr astatine $85,600.
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