Pre-Market Breakdown
Nasdaq futures down 1.05%
S&P futures up 0.92%
$BTC just dropped below $116,000
Why? New U.S. tariffs spooked the markets.
But here’s the silver lining:
Unemployment ticked up to 4.2% — higher than last month.
That means lower inflation pressure, which brings us closer to Fed rate cuts.
So while the short-term dip stings, the macro picture is setting up for a bounce.
A rally could be just around the corner.