US Stock Market Live: Dow futures fall 200 points as Trump tariff announcements loom

US Stock Market Live: Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President Donald Trump’s looming reciprocal tariff deadline. The Dow futures are currently trading 170 points lower, while futures of S&P 500 and the Nasdaq are down 30 points and 110 points respectively. Watch this space for all the live updates.

US Stock Market Live: Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President Donald Trump’s looming reciprocal tariff deadline. The Dow futures are currently trading 170 points lower, while futures of S&P 500 and the Nasdaq are down 30 points and 110 points respectively. The US President announced that he will be announcing the tariffs or deals signed with countries later this evening. He had earlier mentioned that the tariffs on countries could range from 10% to 20% or even as high as 60% to 70%. Earlier today, Trump threatened another 10% tariff on the BRICS countries or on nations that align with the bloc’s agenda. Asian markets are also trading with a negative bias as no clarity has emerged on the deal signed with Vietnam last week and no headway being made on the deal with Japan. The US Dollar index remains below 97, while crude oil and gold prices are also declining in trade. Watch this space for all the live updates.