Economics
S&P 500 Futures Drop as U.S. Said to Ready Tariffs: Markets Wrap
- Trump To Add $200 Billion in Additional China Tariffs: sources
- Stocks in U.S. had risen in regular session, Treasuries fall
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U.S. equity futures erased gains after it was revealed that the Trump administration is preparing a list of more Chinese goods to be hit with tariffs. The yen erased losses.
Stocks had climbed in the regular trading session Tuesday and Treasuries fell as a lull in the trade war gave investors room to focus on the start of earnings season. That promptly changed as Bloomberg reported that the list could be released as soon as Tuesday, and likely this week, according to the people, who spoke on condition of anonymity because the matter isn’t public.