Market Shock: Dow & Nasdaq Futures Plunge Amid Trade War Fears; Gold Hits Record, Crypto Slumps
Traders at the New York Stock Exchange monitor screens as futures opened lower on Tuesdayreuters.com. U.S. stock-index futures fell on trade-war jitters despite a tech-fueled rebound on Monday. Wall Street futures opened lower on Tuesday as investors fretted over renewed trade tensions with China. U.S. stock-index futures dipped – Dow futures were off about 0.5%, S&P 500 and Nasdaq futures off ~0.7–1.0%reuters.com. This followed a strong Monday rebound: the Nasdaq gained ~2.2% and the S&P 500 ~1.6% as President Trump tweeted a conciliatory message on Chinareuters.com. Analysts say markets now straddle record tech-driven highs and growing uncertainty. CFRA’s Sam Stovall observed, “AI continues to be the momentum driver,” but warned that investors should remain cautious as long as U.S.-China trade frictions lingerreuters.com. Investors are also focused on Federal Reserve signals: Fed Chair Jerome Powell is scheduled to speak later this week, and traders are looking for clues on the timing of expected rate cutsreuters.com.