#MarketPullback
The market today has declined, with increasing caution among investors. U.S. futures generally fell, with the Dow Jones, S&P 500, and Nasdaq recording losses. This comes after Trump proposed a 100% tariff on foreign goods, escalating trade tensions. Additionally, oil prices dropped by about 4% following OPEC+'s decision to increase production in June. Moreover, analysts have lowered second-quarter earnings expectations for S&P 500 companies more than usual, indicating weak forecasts. Despite all this, some international investors, such as those in Australia, are still investing in U.S. equity exchange-traded funds, showing some confidence in long-term outlooks. Overall, while the current decline may seem concerning, pullbacks are a natural part of market cycles and can provide buying opportunities for long-term investors.