Dow Jones Today: Stock Futures Rise as Markets Shake Off Tariff Threats

Stock futures rose in premarket trading on Monday as Wall Street shook off more tariff threats from President Trump.

Nasdaq 100 futures contracts were up 0.9% in early trading, while futures contracts connected to the S&P 500 and the Dow Jones Industrial Average were up 0.6% and 0.5%, respectively. Stocks gave up ground last week after falling Friday when consumer sentiment data suggested tariff uncertainty has contributed to a surprising drop in confidence about the economy in recent weeks.

President Trump over the weekend said he planned to impose reciprocal tariffs on any country that taxes U.S. imports, as well as a 25% tariff on all steel and aluminum imports. Shares of steelmakers Cleveland-Cliffs (CLF) and Alcoa (AA) rose Monday morning.

Among other stocks moving are enterprise software maker monday.com (MNDY), which jumped more than 20% in premarket trading on better-than-expected earnings, and Rockwell Automation (ROK), up nearly 10% on strong earnings.

Treasury yields were little change to start a big week for Fed watchers. January consumer inflation data is set to be released on Wednesday, followed by wholesale inflation data on Thursday. Then, on Friday, retail sales data will give Wall Street a taste of consumer health.

Bitcoin traded at $97,500 Monday morning after slipping as low as $95,000 over the weekend. Gold futures climbed to a record high of more than $2,935 an ounce as Trump’s tariff comments sent some investors seeking a safe haven. West Texas Intermediate crude oil futures rose about 1% to trade around $72 a barrel.