Stock futures fell on Tuesday, as investors braced for the rollout of President Donald Trump’s tariffs set to take effect shortly after midnight Wednesday. The S&P 500 was inches away from a bear market, under pressure in recent days from the worst selling since the outbreak of the pandemic in 2020.
Futures tied to the Dow Jones Industrial Average dropped 396 points, or 1%. Nasdaq-100 futures declined 1.3%, while S&P 500 futures pulled back 1.2%.
Anxiety around the rollout of the tariffs, which Trump announced late last Wednesday, have fueled a four-day rout for stocks. The volatility continued on Tuesday, with the S&P 500 up more than 4% at one point before ending the day with a loss of 1.6%. The 30-stock Dow climbed 3.9% at its high for the day but ultimately fell 0.8% at the end of trading. The broad market index is nearly 19% off its record high.
Over the course of four days, the Dow has lost more than 4,500 points, while the S&P 500 has sustained a 12% loss. The Nasdaq Composite is down more than 13% in that period.
Tech giant Apple has suffered keenly in that period, with the iPhone manufacturer expected to see higher costs with incoming China tariffs. Shares have dropped nearly 23% in the past four days, marking Apple’s worst stretch of that length since October 2000.
Source https://www.cnbc.com/2025/04/08/stock-market-today-live-updates-.html