Wall St futures dip after Trump hints at softer tariffs, megacap stocks boost indices.

From Yahoo Finance: 2025-03-25 06:22:00

U.S. stock index futures dipped on Tuesday after Wall Street surged on hints of a softer approach to tariffs. President Trump suggested not all levies would be imposed on April 2, easing market concerns. S&P 500 and Nasdaq hit two-week highs, driven by megacap stocks like Nvidia and Tesla.

Futures dropped amid uncertainty over tariff scope. Analysts caution on market weakness and potential downside risk. Tesla slid 0.4% in premarket trade after a strong surge. European market share for Tesla declined in February, despite rising EV registrations.

KB Home shares fell 8% as the homebuilder slashed its full-year revenue forecast. S&P 500 E-minis down 0.08%, Nasdaq 100 E-minis down 0.15%, Dow E-minis down 0.1%. Federal Reserve speeches and economic indicators, including consumer confidence data, are due this week.

Forecasts suggest consumer sentiment may further decline in March. Friday’s personal consumption expenditures price index release is highly anticipated, expected to remain above the Fed’s 2% target. Markets await Fed speeches and economic indicators for further direction.

Read more: Wall St futures slip as Trump-led rally loses steam