#MarketPullback
The market is experiencing a pullback today, with investors becoming more cautious. US futures are down across the board, with the Dow, S&P 500, and Nasdaq all in the red. This comes after Trump suggested a 100% tariff on foreign goods, increasing trade tensions. Oil prices have also dropped by around 4% following OPEC+'s decision to raise output in June. On top of that, analysts have cut Q2 earnings forecasts for S&P 500 companies more than usual, signaling weaker expectations. Despite all this, some international investors, like those in Australia, are still putting money into US equity ETFs, showing some confidence in the long-term outlook. Overall, while the current drop may seem concerning, pullbacks are normal parts of market cycles and can offer buying opportunities for long-term investors