Stock Market Today: S&P 500, Nasdaq Futures Plunge As Trump Escalates Tariff Threats—Alibaba, United Airlines, Netflix In Focus

5 hours ago

U.S. stock futures fell on Tuesday following Friday’s declines. Futures of major benchmark indices were lower.

The stocks extended the negative momentum seen during the holiday break as President Donald Trump's threat to impose escalating tariffs on Europe over the Greenland dispute continued to roil global markets.

Meanwhile, the 10-year Treasury bond yielded 4.28%, and the two-year bond was at 3.57%. The CME Group's FedWatch tool‘s projections show markets pricing a 95% likelihood of the Federal Reserve leaving the current interest rates unchanged in January.

The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Tuesday. The SPY was down 1.70% at $679.90, while the QQQ declined 2.08% to $608.15.

Transcript

00:00all right futures under pressure ahead of tuesday's open here today s p futures down 1.4 percent the

00:13dow futures down 1.24 percent and the nasdaq leading the way lower at 1.79 percent lower

00:20let's take a look at some cues from last session uh energy industrials and real estate stocks

00:26posted the biggest gains on the s p on friday while communication services and health care issues

00:32bucked the trend to close lower the stocks extended negative momentum seen during the holiday break as

00:41president trump threatens to impose escalating tariffs on europe over the greenland dispute

00:46which continues to royal global markets meanwhile the 10-year treasury bond yielded 4.28 percent

00:53while the two-year bond was at 3.57 percent the cme group's fed watch tool projections show the

01:00markets are pricing in a 95 likelihood of federal reserve leaving the current rates interest rates

01:05unchanged in january this represents no movement from the last time that we checked in together

01:11last week now we do have several stocks in focus here today the first is going to be bhp group that's

01:19ticker bhp it was 1.65 percent lower in pre-market on tuesday despite lifting copper production guidance

01:26and setting new operational records in copper and iron ore for the first half of the year that ended

01:32december 31st 2025 the next stock on our list is going to be baba this is alibaba holdings ticker b-a-b-a

01:41that dropped 2.35 percent after the financial times reported that tiktok owner bite dance is launching

01:48an aggressive challenge to the company's dominance in china's cloud marketing cloud market using deep

01:55discounts and ai-led tools just when you thought that story was over not quite it pulls you right back

02:01the next stock on our list here today is going to be taiwan semiconductor this is ticker tsm

02:06it declined 1.21 despite a wall street journal report that the company is planning a massive

02:12expansion of its u.s manufacturing footprint to mitigate geopolitical risks and satisfy a new trade

02:19deal with the trump administration the next stock on our list here is going to be united airlines

02:24holdings that's ticker ual that was 2.26 percent lower as it projected to post quarterly earnings

02:32of 294 per share on revenue of 15.4 billion after the closing bell today the last stock on our list

02:40here is going to be netflix ticker nflx and shares rose 0.15 ahead of its earnings scheduled to be

02:47released after the closing bell today analysts expect it to post quarterly earnings of 55 cents per

02:52share on revenue of 11.97 billion also not mentioned here but we also got news that netflix looks to be

03:00amending its deal for warner brothers discovery to an all cash deal

Stock Market Today: S&P 500, Nasdaq Futures Plunge As Trump Escalates Tariff Threats—Alibaba, United Airlines, Netflix In Focus

Category

Transcript

Be the first to comment

Recommended