Topline
U.S. stock futures fell sharply early on Tuesday, signaling investor concerns about President Donald Trump’s tariff threats against key European allies amid his push to take control of Greenland.
Key Facts
In early trading on Tuesday, the benchmark S&P 500 Futures Index sunk 1.73% to 6,856 points, while Dow Futures fell 1.61% to 48,751 points.
The tech-centric Nasdaq futures index was the worst hit, diving more than 2% to 25,157 points.
European markets were also hit, with the pan-European STOXX Europe 50 falling 1.32% amid Trump’s threats to impose fresh tariffs on countries opposing his bid to take over Greenland.
The London Stock Exchange’s benchmark FTSE 100 index sunk 1.32% while Germany’s DAX and France’s CAC 40 fell 1.37% and 1.20% respectively.
This is a developing story.
