Stock futures dropped Sunday evening as investors react to mounting concerns about the U.S. economic outlook and President Donald Trump‘s trade policies.
What Happened: Dow Jones Industrial Average futures fell 0.54% to 42,608.00, while S&P 500 futures declined 0.62% to 5,740.00. Nasdaq-100 futures showed the steepest drop, falling 0.80% to 20,068.25 as of 8:00 pm Sunday, according to data from Benzinga Pro.
The declines follow a difficult week for markets, with the S&P 500 falling 3.10%, the Nasdaq Composite dropping 3.45%, and the Dow losing 2.37%.
“The reverse Trump trade continues Sunday night,” economist Peter Schiff wrote on X. “U.S. stocks, the dollar, and Bitcoin (CRYPTO: BTC) are selling off, while foreign stocks and gold are rallying. I believe this will be a powerful trend that is long overdue.”
