Trump’s New Tariff Salvo Causes US Stock Futures to Stall – Europe Market Wrap

Wall Street’s brief rise appeared to collapse on Tuesday, drained by Trump’s fresh tariff threats and the prospect of fewer interest-rate cuts than presently valued.

Contracts on the Nasdaq 100 fell 0.2%, while those on the S&P 500 down 0.1%, indicating a reversal after one of the greatest days for the US stock market this year. In premarket trade, Tesla was on set to end its longest winning run of 2025, with reports showing new sales reductions in Europe.

Europe’s Stoxx 600 share index gained 0.6%, halting a three-day losing skid.

Markets have been rattled by Trump’s latest potential tariff volley, which threatens a 25% penalty on any country that purchases Venezuelan crude. Brent crude climbed 0.5%, adding to Monday’s gains.

Treasury rates crept higher, while the Dollar held steady following four days of increases. Gold prices climbed modestly, remaining close below recent record highs.