US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days. The Dow futures are down 80 points, while the S&P 500 and Nasdaq futures are down 15 points and 70 points respectively. In regular trading on Monday, the Dow rose nearly 1,200 points after US and China announced that they will reduce tariffs on each others’ goods for 90 days to flesh out a bigger and comprehensive trade deal. Watch this space for all the live updates.
US Stock Market Live: US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days. The Dow futures are down 80 points, while the S&P 500 and Nasdaq futures are down 15 points and 70 points respectively. In regular trading on Monday, the Dow rose nearly 1,200 points after US and China announced that they will reduce tariffs on each others’ goods for 90 days to flesh out a bigger and comprehensive trade deal. Megacap tech stocks, toy manufacturers rallied on the news. Big tech added nearly $850 billion to their market cap on Monday. All eyes today will be on the Consumer Price Inflation (CPI) data for April, which will be the first month after the tariff drama. The US Dollar index continues to hover near levels of 102, oil saw some profit booking after Monday’s move, while Gold saw some buying at lower levels. Watch this space for all the Live updates.