Nasdaq Set for Decline as Trump Revives Tariff Threats Against EU
Wall Street braces for another rollercoaster day as the major stock indexes face a downturn. The Nasdaq composite is expected to lead the decline with a projected 0.5% drop in futures trading. This market reaction follows President Trump’s renewed threats of tariffs on European goods, escalating tensions between the U.S. and the EU. The S&P 500 is also down 0.3%, and the Dow Jones shows a slight dip of 0.2%. Investors remain wary as heightened volatility continues to shape market dynamics this week. As global trade relationships evolve, market participants must stay vigilant for new developments.