US stock futures fell early Monday as traders awaited “Liberation Day,” when President Donald Trump’s tariff plans will take effect. The Dow Jones Industrial Average, S&P 500, and Nasdaq 100 futures all declined, with the Dow falling by 145 points, or 0.35%, and the Nasdaq 100 dropping by 1.18%. Tariffs on cars not made in the US are set to be enacted, including a 25% levy.
The uncertainty surrounding tariffs has weighed on equities, contributing to losses last week. Trump’s advisors were reportedly pushed to be more aggressive on tariffs, with the president saying he “couldn’t care less” about foreign automakers raising prices due to new duties. Investors will wait for clarity on affected trading partners and tariff levels on Wednesday.
The three major averages are poised to end the month lower, with the S&P 500 down 6.3%, the Dow Jones Industrial Average down 5.2%, and the Nasdaq Composite tanking 8.1%. The week ahead will also bring significant economic data releases, including the March jobs report on April 4.
Source: https://www.cnbc.com/2025/03/30/stock-market-today-live-updates.html