Stock Futures Dip Amid Speculation of Trump’s Economic Emergency
U.S. stock index futures declined following a CNN report that President-elect Donald Trump was contemplating a national economic emergency declaration, potentially triggering a new tariff program. The Dow E-minis dropped 89 points, or 0.21%, S&P 500 E-minis fell 16.25 points, or 0.27%, and Nasdaq 100 E-minis declined 69.25 points, or 0.32%.
U.S. stock index futures took a hit on Wednesday morning following a CNN report indicating President-elect Donald Trump might declare a national economic emergency.
This contemplated declaration aims to pave the way for a novel tariff program, potentially reshaping economic policies.
By 06:42 a.m. ET, Dow E-minis saw a drop of 89 points, equivalent to a 0.21% decline, while S&P 500 E-minis fell by 16.25 points, or 0.27%. Nasdaq 100 E-minis also experienced a decrease of 69.25 points, marking a 0.32% downturn.
(With inputs from agencies.)
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