Stock futures plummet due to Trump's tariff threats, causing market uncertainty and significant losses

From Nasdaq: 2025-05-23 10:56:00

Pre-market futures are down significantly due to escalating trade war rhetoric from President Trump. The Dow is -560 points, the S&P 500 is -90, the Nasdaq is -400 points, and the Russell 2000 is -45. Trump threatens +25% tariffs on Apple iPhones made overseas and proposes a +50% tariff on EU imports.

Investors are facing uncertainty as trade tensions rise, causing stock market plunges. Apple stocks drop -3.5% with a -19% loss year to date. Trump’s proposed tariffs on EU imports and Apple iPhones made overseas contribute to market volatility. Memorial Day weekend approaching, with market closures on Monday.

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Read more at Nasdaq: U.S. Stock Futures Plunge on Trump Tariff Concerns