US Stock Futures Fluctuate After Monday’s Tech Sell-Off – Europe Market Wrap
Daily Dose, EU

US Stock Futures Fluctuate After Monday’s Tech Sell-Off – Europe Market Wrap

The new US administration has been debating trade taxes since January, with reports that Trump’s advisers were mulling a gradual increase of 2% to 5% per month.
In an address from Florida, he also promised taxes on certain industries, such as electronics, medicines, steel, copper, and aluminium.

Treasuries slipped lower, with the 10-Yr yield rising two basis points to 4.56%.

Nasdaq 100 contracts rose 0.1% after falling 3% on Monday, while S&P 500 futures remained steady. Nvidia rose 4% in pre-market trade after falling 17% yesterday. Broadcom and Marvell Technologies progressed. Constellation Energy, which assists AI’s power-hungry data centres, increased 3% following yesterday’s 21% drop. Stocks in Europe rose as profits topped expectations