Big Boy

Image Source: marketwatch Feb. 3, 6:50 AM EST: U.S. stock futures and markets worldwide faced a sharp decline early Monday amid fears of an escalating trade war. The downturn follows President Donald Trump’s announcement of large tariffs on goods imported from Canada, Mexico, and China, the latter of which has warned of retaliatory measures. Feb. 3, 6:30 AM EST: European stock markets experienced a notable drop, with the Euro STOXX 50 Index losing 1.6%, while London’s FTSE 100 Index saw a 1.2% decline. The European markets were also impacted by speculation that additional tariffs might be imposed on imports from the EU. Feb. 3, 6:15 AM EST: The U.S. Dollar Index, which tracks the dollar against six major currencies, climbed to a two-year high of 109.45, reflecting increased concern among investors about the ongoing trade dispute. Feb. 3, 6:00 AM EST: On Monday morning, U.S. stock futures dropped significantly as markets adjusted to the new tariffs. The Dow Futures fell 1.3% t...