US stock futures remain flat as Trump's tariff threat dampens investor sentiment

From Investing.com: 2024-11-26 05:59:44

U.S. stock index futures traded flat after Trump threatened higher import tariffs. Dow futures rose 5 points, S&P 500 gained 4 points, and Nasdaq climbed 13 points. Benchmarks hit record highs on Monday. Ceasefire news between Israel and Lebanon saw oil prices fall sharply.

Trump threatens 25% tariff on Canada and Mexico, 10% on China. Concerns over global trade war rise. Retailer earnings expected this week. Best Buy, Urban Outfitters, HP, and Kohl’s among companies reporting. Intel to receive $7.86 billion government subsidy.

Crude prices bounce after losses. WTI futures up 0.9% to $69.54, Brent rises 0.8% to $73.06 a barrel. Oil dropped 2% on Monday on Israel-Hezbollah ceasefire reports. Focus on upcoming economic data, including inflation gauge on Wednesday. Futures lose momentum after Trump’s tariff threat.



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