Trump’s Trade Tariffs Paint Nasdaq Futures Red

Traders are getting equipped for a volatile week ahead. The US stock market futures took a nosedive following the trade tariff announcement made by President Donald Trump. He signed executive orders that imposed new tariffs, which include 25 percent on Canada and Mexico, while China pays 10 percent. According to Finviz, Nasdaq 100 futures plummeted on February 3^rd and fell almost 2.7 percent. The crypto market also had a very strong sentiment towards Trump’s decision.