The trader works on the floor of the New York Stock Exchange (NYSE) in New York City, USA on April 17, 2025.
Brendan McDermid | Reuters
Stock futures fell again on Monday after yet another negative trading week on Wall Street as investors received few indications of progress in the World Trade Talks.
Futures linked to the Dow Jones Industrial Average He fell 428 points, or 1.1%. S&P 500 Futures Meanwhile, it has rebounded 1.3% Nasdaq-100 Futures It fell by 1.5%.
This movement occurred after three major averages recorded a third decline in the past four weeks. on the other hand S&P 500 The Broadmarket Index still finished off a 1.5% lower weekly holiday days as it closed out ahead of Thursday’s session. Dow Jones Industrial Average and Nasdaq Composite They posted three consecutive loss sessions, each finishing the week with 4 days of pullbacks of over 2%.
The US market closed on Friday.
Concerns surrounding President Donald Trump’s tariffs have recently become heavy on Wall Street. The major average has fallen by about 7% since April 2, when Trump announced collection of imports from other countries.
Over the weekend, Chicago Federal Reserve President Austan Ghoolsby said in an interview with CBS that tariffs could “fall” US economic activity by summer. It raised concerns Wednesday, Federal Reserve Chairman Jerome Powell, which raised concerns that the president’s collection could make central banks difficult to manage inflation and promote economic growth.
Questions about the Fed’s independence have also hurt stocks. Trump on Thursday called on the Fed to cut interest rates, even hinting at Powell’s “end.”
Investors are dealing with “a fresh source of macro anxiety: Trump’s threat to independence,” Adam Krishfurli writes of important knowledge. “This threat is linked to Trump’s trade war as Powell and his colleagues are forced to stay on the sidelines due to prospects for tariff inflationary spikes over the coming months despite recent market volatility and increased risk of decline.”
“Simultaneous slump in the equities, the US dollar and the Treasury Department suggest that Trump’s trade war has begun to move out of American financial assets, where the volume of negotiations cannot be reversed,” Crisafulli wrote.
The dollar index fell by more than 1% to 98.13. The move sent gold prices to fresh record highs. Futures tied to precious metals were 2.4% above $3,400 per ounce.
Nvidia’s nearly 6% decline last week also put pressure on the wider market. Artificial Intelligence Darling announced on Tuesday that it will record a quarterly bill of approximately $5.5 billion with controls regarding exporting H20 graphics processing units to China and other destinations.
Investors are looking forward to major revenue weeks as more than 100 S&P 500 companies are expected to report over the next few days. Includes the name “Grand 7” alphabet and Teslaand others like the aerospace giant Boeing.
