Stock Futures Slump as Greenland Tariff Fears Rattle Markets

Stocks looked acceptable to tumble connected Tuesday arsenic investors disquieted astir President Donald Trump’s program to enforce tariffs connected 8 NATO countries, unless they let his medication to get Greenland.

Futures tracking the Dow Jones Industrial Average dropped 757 points, oregon 1.5%. S&P 500 futures slumped 1.6%, and contracts tied to the tech-heavy Nasdaq 100 plunged 2.0%.

Bonds were besides selling off. The output connected the 10-year Treasury enactment jumped 6 ground points to 4.29%, and the 30-year output surged 9 ground points to 4.93%.