Today: Stock Futures Slide as Trump Threatens EU, Apple With Tariffs; Tech Shares Tumble -
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Stock futures for major U.S. indexes like the Dow Jones, S&P 500, and Nasdaq fell sharply as concerns over global trade tensions resurfaced following President Trump's threats of imposing tariffs on the EU and Apple.
Tech stocks, including Apple, Nvidia, and Amazon, declined significantly in premarket trading, with Apple's shares down over 3%. The comments reignited worries about the unpredictability of Trump's trade policy and its potential impact on economic growth and corporate profits.
Meanwhile, Bitcoin hit a record high, gold prices rose as a safe-haven asset, and the U.S. dollar weakened against a basket of foreign currencies.
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