Stock futures in the U.S. dropped on Monday as investors navigated ongoing uncertainties surrounding President Trump’s tariff plans and awaited crucial economic data releases. This downward movement follows a tumultuous week for Wall Street spurred by confusion over shifting trade policies.

Futures Overview

At 03:25 ET (07:25 GMT), futures displayed the following changes:

• Dow futures: fell by 156 points (0.4%).
• S&P 500 futures: decreased by 27 points (0.5%).
• Nasdaq 100 futures: declined by 118 points (0.6%).

The S&P 500 recorded a gain on Friday, but it also experienced its largest weekly drop in six months, while the Nasdaq Composite has dropped over 10% since achieving a record high in December.

Key Data Releases Ahead

Investors are focusing on several upcoming economic data points:

• New York Fed Consumer Expectations Survey: This report will shed light on consumer perspectives regarding inflation amid rising tariff concerns.
• Consumer Price Index (CPI) and Job Openings and Labor Turnover Survey (JOLTS): These releases will prove crucial in assessing consumer demand and job market dynamics.

Corporate Earnings and Updates in Tech Sector

Tech earnings this week are particularly notable:

• Oracle (NYSE:ORCL) is slated to report post-market on Monday.
• Further quarterly reports from Adobe (NASDAQ:ADBE) and DocuSign (NASDAQ:DOCU) are also anticipated to sway market sentiment.

International and Oil Market Developments

Chinese inflation data indicates ongoing deflationary trends, suggesting that further stimulus from Beijing may be necessary given the economic challenges exacerbated by tariffs.

Oil market activity remains subdued due to concerns that Trump’s policies might dampen demand even as OPEC+ plans to increase output.

Looking Ahead

Investor sentiment remains cautious amidst mixed signals from domestic policies and international economic conditions. Tariff uncertainties combined with notable economic indicators will likely steer market movements in the upcoming weeks.