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 >
US STOCKS-Wall Street futures slip as US-Iran tensions escalate
US STOCKS-Wall Street futures slip as US-Iran tensions escalate
Jun 23, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.23%, S&P 500 0.17%, Nasdaq 0.21% * Estee Lauder ( EL ) rises after brokerage upgrade * Tesla up on robotaxi launch in Texas (Updates with prices) By Kanchana Chakravarty and Nikhil Sharma June 23 (Reuters)...
Geopolitical Tensions Stifle US Equity Futures Pre-Bell
Geopolitical Tensions Stifle US Equity Futures Pre-Bell
Jun 23, 2025
08:08 AM EDT, 06/23/2025 (MT Newswires) -- US equity futures were little changed pre-bell Monday as traders stayed on the sidelines after the US attacked three key Iranian nuclear sites over the weekend. Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all down around 0.2%. Investors are monitoring the potential military response from Iran following the...
Sector Update: Financial
Sector Update: Financial
Jun 23, 2025
08:57 AM EDT, 06/23/2025 (MT Newswires) -- Financial stocks were leaning lower pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) easing 0.04% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% higher. Fiserv ( FI ) shares were up nearly 6% after...
Sector Update: Health Care
Sector Update: Health Care
Jun 23, 2025
08:54 AM EDT, 06/23/2025 (MT Newswires) -- Health care stocks were steady premarket Monday with the Health Care Select Sector SPDR Fund (XLV) easing 0.02% and the iShares Biotechnology ETF (IBB) inactive recently. Novo Nordisk ( NVO ) said it has halted its collaboration with Hims & Hers Health ( HIMS ) on the sale of weight loss drugs, including...
Copyright 2023-2026 - www.financetom.com All Rights Reserved