Stock Market Futures plunged late Wednesday after President Donald Trump’s sweeping tariffs shook investor confidence. Futures on the S&P 500, Dow Jones, and Nasdaq plunged in after-hours trading, reflecting fears of a worsening market downturn.
Stock Futures React to Tariffs
- Dow Jones Futures dropped over 1,100 points (-2.7%) after the announcement.
- S&P 500 Futures sank 3.9%, reflecting widespread concerns.
- Nasdaq Futures plunged 4.7%, with tech stocks leading the decline.
Investors had hoped for a softer approach to tariffs, but Trump’s plan—including baseline 10% tariffs on all imports and higher rates for specific countries—exceeded expectations, sending stocks into freefall.
Tech Stocks Lead the Selloff
Big tech companies, many reliant on global supply chains, were hit the hardest:
- Apple (AAPL): Fell 7% in after-hours trading.
- Tesla (TSLA): Dropped 6% as investors reeled from trade implications.
- Amazon (AMZN): Declined 5% amid economic uncertainty.
- Nike (NKE) & Walmart (WMT): Both slid 6-7%, reflecting retail sector fears.
Market Volatility Ahead?
Analysts warn that Trump’s aggressive tariff policies could:
- Disrupt global supply chains
- Increase inflationary pressures
- Slow economic growth
Despite the turmoil, some strategists believe these tariffs could be a starting point for negotiations, leading to adjustments in trade policy. Until then, markets are expected to remain highly volatile.
What’s Next?
The markets will continue reacting to Trump’s tariff policies, with CNBC and other financial analysts watching closely. Investors should brace for potential swings as uncertainty looms over the SP500, Nasdaq, and Dow Jones.
Source: CNN
