Impact of Trade War on Stock Market
Introduction
The stock market is experiencing a downward trend as President Donald Trump's trade war continues to escalate. With the threat of a 50% tariff on goods from Brazil, futures for Dow and S&P 500 are falling in premarket trading, while the Nasdaq 100 is only slightly edging up. This comes as the latest blow to the market, with an Nvidia-led rally fading as a result of the tariff threat.
Current Scenario
As the trade war between the US and China continues to impact the market, investors are now facing the possibility of additional tariffs on goods from Brazil. This has led to a decrease in market confidence, as seen in the declining futures for the Dow and S&P 500. Despite the small increase in Nasdaq 100 futures, the overall sentiment is one of caution and concern. This latest development serves as a reminder of the importance of closely monitoring global trade policies and