Early Tuesday saw minimal movement in stock futures as traders attempted to rebound from a sell-off triggered by fresh trade announcements from President Donald Trump.
Futures for the Dow Jones Industrial Average fell 66 points, or 0.2%. Nasdaq 100 futures gained 0.2%, while S&P 500 futures increased slightly.
Following Trump’s posting of more letters late Monday afternoon, the number of nations subject to high tariffs on August 1 increased to 14.
The nations affected by the new duties include South Africa, South Korea, Thailand, Tunisia, Bangladesh, Bosnia and Herzegovina, Cambodia, Indonesia, Japan, Laos, Malaysia, Myanmar, and Serbia.
Source (CNBC)
