financetom
Market
financetom
/
Market
/
Economic Data in Focus Amid Fresh Tariff Uncertainties, Driving Premarket Losses for US Equity Futures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Economic Data in Focus Amid Fresh Tariff Uncertainties, Driving Premarket Losses for US Equity Futures
Sep 2, 2025 5:43 AM

08:20 AM EDT, 09/02/2025 (MT Newswires) -- US equity futures were lower pre-bell Tuesday as traders looked ahead to economic data amid renewed uncertainties surrounding the country's tariff policy.

Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 0.8%, and Nasdaq futures were 1% lower.

A federal appeals court ruled on Friday that most tariffs issued by President Donald Trump are illegal.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.6% at $69.24 per barrel and US West Texas Intermediate crude 2.8% higher at $65.78 per barrel.

The Manufacturing Purchasing Managers' Index, scheduled for release at 9:45 am ET, is seen coming in at 53.3 for August, according to estimates compiled by Bloomberg.

The Institute for Supply Management's Manufacturing Purchasing Managers' Index, due at 10 am ET, is seen coming at 49.0 for August versus 48.0 previously. Forecasters see a 0.1% decline in construction spending for July following a 0.4% downtick in June.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
South Korean shares track Wall Street lower, set for weekly loss
South Korean shares track Wall Street lower, set for weekly loss
Apr 4, 2024
* KOSPI falls, foreigners net sellers * Korean won weakens against dollar * South Korea benchmark bond yield falls SEOUL, April 5 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares fell on Friday, tracking Wall Street's losses overnight on hawkish comments from U.S. Federal Reserve officials. The won weakened, while the benchmark bond yield fell. **...
Australia shares poised to open lower, NZ falls
Australia shares poised to open lower, NZ falls
Apr 4, 2024
April 5 (Reuters) - Australian shares were likely to open lower on Friday as recent comments from U.S. Federal Reserve officials raised doubts on the path of potential rate cuts this year, while investors remained cautious ahead of a U.S. jobs report. The local share price index futures fell 0.8%, a 14.3-point discount to the underlying S&P/ASX 200 index close....
Hong Kong stocks retreat as geopolitical worries weigh
Hong Kong stocks retreat as geopolitical worries weigh
Apr 4, 2024
April 5 (Reuters) - Hong Kong stocks fell on Friday, tracking global peers, as mounting geopolitical worries along with hawkish pushback by some U.S. Federal Reserve officials weighed on risk sentiment in a cautious end to the week. ** Hong Kong's Hang Seng Index dipped 0.68%, after sliding as much as 1.5% in early trading. Still, the index is on...
Japan's Nikkei set for worst week since Dec 2022 as tech tumbles
Japan's Nikkei set for worst week since Dec 2022 as tech tumbles
Apr 4, 2024
TOKYO, April 5 (Reuters) - Japan's Nikkei share average tumbled more than 2% to a three-week low on Friday, putting it on course for its worst week since December 2022 as tech shares slid on Wall Street's lead. Investors were also cautious ahead of a key monthly U.S. jobs report due later in the day, with the outlook for when...
Copyright 2023-2026 - www.financetom.com All Rights Reserved