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Showing posts with label Dow Jones. Show all posts
Showing posts with label Dow Jones. Show all posts

Apr 3, 2025

Equity futures sink, gold rises after Trump imposes tariffs

  • Gold gains ground on safe-haven flows
  • Treasury yields fall while U.S. dollar loses ground
  • Trading choppy after Trump tariff announcements

Equity futures fell on Wednesday after the U.S. market close while safe-haven gold and bond prices rose as investors worried about U.S. President Donald Trump's announcement of 10% tariffs on all imports, with much higher rates for some trading partners.

S&P 500 E-minis stock futures initially rose after Wall Street indexes closed the regular session higher, but then lost ground as Trump went into detail about his tariff plans in a White House Rose Garden event.

S&P 500 futures ES1! fell 1.6% as Trump spoke while Nasdaq futures NQ1! fell 2.4%.

Trump, who has referred to Wednesday as "Liberation Day", outlined a range of levies for different countries including

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