US futures showed little movement on Monday after the major indexes failed to recover from last week’s sell-off amid new comments from President Donald Trump on upcoming tariffs.
Futures for the S&P 500 (ES=F) and Dow Jones (YM=F) ticked up .01%, while Nasdaq (NQ=F) futures held steady.
As of 10:02:02 PM EST. Market Open.
YM=F ES=F NQ=F
Investors are cautiously eyeing President Donald Trump’s next move on tariffs as the president doubled down on his promise to impose 25% tariffs on Mexico and Canada, saying the levies are “on time, on schedule” for March 4.
The president also teased talks with Russian President Vladimir Putin over “major economic development transactions” between the United States and Russia.
Defense tech and AI company Palantir (PLTR) continued its free fall from last week in after-hours trading. Its stock dropped over 10% during trading hours and then slipped another 3% after the bell.
Online healthcare provider Him & Hers (HIMS) also took a beating after the bell. Its earnings report showed falling margins and rising costs, causing its stock to crater 18%.
Wall Street is anticipating new US consumer confidence data on Tuesday, which will be released at 10:00 a.m. ET. Last week, data from the University of Michigan consumer sentiment index helped trigger Friday’s brutal sell-off.
Home Depot is also in focus on Tuesday, with its earnings report released before the market opens.
Finally, Nvidia’s (NVDA) earnings report is due on Wednesday and remains a major focus of the week for Wall Street as the chip giant faces new headwinds from tariffs and export controls.
Coming soon
Stock market coverage for Tuesday, Feb.25, 2025
