HomeMarket NewsUS Stock Market LIVE: Dow futures jump 1,000 points in pre-market trading; Nvidia shares up over 4%
US Stock Market LIVE: Wall Street futures are still holding on to gains even as the deadline to impose another 50% tariffs on China draws closer. The Dow Futures are trading 1,100 points higher, while those on the S&P 500 and the Nasdaq are trading with gains of 140 points and 420 points respectively. Futures are gaining after a sharp three-day sell-off, which wiped out nearly $10 trillion from the US equity market capitalisation.
US Stock Market LIVE: Wall Street futures are still holding on to gains even as the deadline to impose another 50% tariffs on China draws closer. The Dow Futures are trading 1,100 points higher, while those on the S&P 500 and the Nasdaq are trading with gains of 140 points and 420 points respectively. Futures are gaining after a sharp three-day sell-off, which wiped out nearly $10 trillion from the US equity market capitalisation. China has vowed that it will fight till the very end when it comes to the tariff imposition, although it did not mention any rollback of the 34% levy it announced last Friday. More brokerages have begun downgrading Wall Street with BlackRock joining the list, who downgraded the US market to "neutral." Goldman Sachs has also raised its recession probability to 45% and warned that it fears this sell-off could turn into a cyclical bear market, which lasts two years on average. Watch this space for all the live updates.