Stock futures are little changed
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(Reuters) -Futures tracking the S&P 500 and the Nasdaq fell on Wednesday as signs that U.S. tariff policies were clouding corporate outlooks and spurring inflation weighed on record-high markets. U.S.
Crude futures were lower for a third session in a row with the market refocusing on supply and demand balances after putting concerns about U.S. tariffs and Russia sanctions on hold.
Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in the face of looming Fed
Futures linked to Canada's benchmark index were flat on Wednesday as concerns about tariff-induced inflation weighed on the markets ahead of U.S. producer prices data due later in the day.
U.S. stock futures are lower after President Donald Trump further escalated trade tensions. Over the weekend, Trump announced a 30% tariff on goods from the European Union and Mexico, starting Aug. 1. Mexico and EU leaders said they would continue to negotiate this month before that date.
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With U.S. stock markets set to open in two hours, Icahn Enterprises L.P. (IEP) was up 7.0% in pre-market trading, and Unity Software Inc. (U) was up 6.3%.
U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.
"They have to have what it takes to succeed independently, but not if it relies on old structures," one expert told Newsweek.