U.S. Markets Slide as Shutdown Threat and Trade Tensions Weigh on Investors
Stock futures dip as lawmakers debate a stopgap funding bill to prevent a government shutdown and tariff disputes fuel economic uncertainty.
- U.S. stock futures declined Thursday morning with the looming risk of a partial government shutdown and ongoing trade tensions impacting market sentiment.
- The Senate is debating a short-term funding bill to avoid a shutdown, with Democrats proposing a one-month extension to allow for further negotiations.
- President Trump's escalating tariff threats, including potential penalties on European Union imports, continue to heighten fears of inflation and economic slowdown.
- Recent economic data showed cooling consumer inflation, but investors are awaiting February Producer Price Index figures and weekly jobless claims for further insights.
- Major companies like Intel and Adobe saw significant stock movements, while Wall Street strategists have downgraded U.S. equity outlooks amidst heightened volatility.