Published on 14/07/2025 05:07 AM
Sunday’s move in futures comes after a negative week for stocks, although the major averages are still near record highs. The S&P 500 dipped 0.31%, its first negative week in three. The Dow fell 1.02%, breaking a three-week win streak.
Meanwhile, the Nasdaq Composite inched down 0.08%, snapping a three-week winning streak as well.
Futures on Wall Street are continuing from where they left off on Friday, as profit booking continued from higher levels amidst the increasing trade uncertainties.
The Dow futures are currently down 200 points, while those on the S&P 500 and Nasdaq are down 30 and 100 points respectively.
US President Donald Trump has now threatened tariffs on the European Union and Mexico.
They come into effect on August 1.
Wall Street fell on Friday, futures are down this morning as well.
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