US Stock Futures Recover as Iran Signals Progress in Peace Talks 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Trump Questions USMCA Renewal as Trade Talks Continue 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Japan, U.S. Discuss Yen Weakness as Currency Intervention Concerns Grow 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
U.S. stock index futures dipped Monday night following Wall Street's weak first-quarter performance, as recession fears mounted ahead of President Donald Trump’s upcoming tariff announcements.
S&P 500 Futures dropped 0.4% to 5,633.50, while Nasdaq 100 Futures slid 0.5% to 19,351.50. Dow Jones Futures edged down 0.2% to 42,177.0 by 8:05 PM ET. The pullback reflects growing investor anxiety as Trump's trade policy gains momentum.
Set for April 2, Trump’s new "reciprocal tariffs" will target a wide range of trading partners with no exemptions. The following day, a 25% tariff on auto imports will take effect. These measures aim to reduce U.S. dependence on foreign goods and revive domestic manufacturing but risk disrupting global trade and fueling economic downturn concerns.
A Wall Street Journal report noted Trump’s consideration of expanding tariffs to more countries, escalating fears of a trade war. In response, Goldman Sachs raised the likelihood of a U.S. recession from 20% to 35%, projecting average tariff rates to climb to 15%.
Markets have already responded with volatility. Despite a 0.6% gain on Monday, the S&P 500 posted a 5% loss for Q1 2025. The Nasdaq ended flat for the day but plunged over 10% for the quarter. The Dow gained 1% Monday yet still lost 2% for the quarter. All three indexes closed lower for March.
Market leaders struggled too. NVIDIA (NASDAQ:NVDA) fell 1.2% Monday and tumbled 20% in Q1. Tesla (NASDAQ:TSLA) sank over 35% for the quarter and is under pressure ahead of this week’s delivery report, facing protests tied to CEO Elon Musk’s political actions.
Investors brace for a turbulent start to Q2 as policy uncertainty looms.
