08:18 AM EDT, 04/07/2025 (MT Newswires) -- US equity futures were lower pre-bell Monday, extending last week's losses fueled by President Donald Trump's tariff policy.

The Dow Jones Industrial Average futures were down 1.9%, S&P 500 futures were 2.1% lower, and Nasdaq futures fell 2.4%.

Last week, the White House imposed sweeping tariffs against various countries, including China, which responded with its retaliatory tariffs.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 2.6% at $63.92 per barrel and US West Texas Intermediate crude 2.7% lower at $60.31 per barrel.