Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
U.S. stock index futures fell sharply on Sunday evening after former President Donald Trump announced plans to impose new trade tariffs on several European countries, unsettling global markets and driving investors toward safe-haven assets. The comments sparked renewed concerns about trade tensions, geopolitical risk, and their potential impact on the global economy, sending gold prices to a fresh record high in late trading.
As of 18:41 ET (23:41 GMT), S&P 500 futures dropped 0.7% to 6,930.0 points. Nasdaq 100 futures declined nearly 1% to 25,437.50 points, while Dow Jones futures fell 0.6% to 49,269.0 points. Trading volumes remained thin ahead of Monday’s Martin Luther King Jr. Day holiday, amplifying market volatility. The declines followed a mildly negative session on Friday, with investors already cautious ahead of a busy earnings calendar.
Market sentiment deteriorated after Trump said he would impose an additional 10% tariff starting February 1 on goods imported from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland, and Britain. He added that the tariffs could rise to as much as 25% by June if negotiations over Greenland fail to produce a deal. The remarks reignited fears of a broader trade conflict between the U.S. and Europe, particularly as several European governments, including France, signaled potential retaliatory measures.
Trump reiterated his long-standing stance that Greenland should become part of the United States, arguing it is critical for national security. Greenland is a self-governing territory under the Kingdom of Denmark, and the proposal has been widely rejected by European leaders. The rhetoric drew additional attention given Trump’s earlier suggestion of possible military involvement and heightened geopolitical tensions following a U.S. incursion in Venezuela earlier this year.
Looking ahead, investors are shifting focus to key fourth-quarter earnings reports expected this week. Netflix, Johnson & Johnson, 3M, U.S. Bancorp, Charles Schwab, Prologis, and Halliburton are among major companies set to report results. These earnings will be closely analyzed for insights into consumer demand, corporate profitability, and the broader U.S. economic outlook, especially after mixed signals from major bank earnings last week.
