Stock futures rose slightly in overnight trading on March 3, 2025, as investors await News on President Donald Trump’s impending tariffs on Mexico and Canada. Futures for the Dow Jones Industrial Average increased by 77 points, while S&P 500 and Nasdaq 100 futures gained 0.2% and 0.6%, respectively.
- Stock futures rose amid tariff uncertainty.
- Dow futures gained 77 points overnight.
- Tariff details for Mexico and Canada remain unclear.
- Warren Buffett warns tariffs could trigger inflation.
- S&P 500 and Dow had negative month.
- Bitcoin surged after crypto reserve announcement.
As uncertainty looms over President Trump’s trade policies, stock futures experienced a slight uptick on March 3, 2025. The upcoming tariffs on Mexico and Canada are expected to begin on Tuesday, but the exact rates remain unclear. Commerce Secretary Howard Lutnick indicated that the proposed 25% tariff could be adjusted, while the 10% duty on Chinese imports is confirmed.
Key market indicators showed the following changes:
- Dow Jones Industrial Average futures: +77 points
- S&P 500 futures: +0.2%
- Nasdaq 100 futures: +0.6%
Market volatility has been heightened due to the uncertainty surrounding these tariffs. The S&P 500 fell 1.4% in February, while the Dow dropped 1.6%. The Nasdaq Composite saw a 4% decline, marking its worst month since April 2024. Chris Rupkey, chief economist at FWDBONDS, noted that the introduction of tariffs could significantly impact the economy.
In a related development, cryptocurrencies surged after President Trump announced plans for a U.S. strategic crypto reserve, which will include Bitcoin and Ether. Bitcoin’s price jumped by 10%, reaching nearly $94,000 after previously dipping below $80,000. This week also includes the February jobs report, which is expected to indicate fewer job creations.
The stock market remains on edge as investors await clarity on the tariffs. The potential adjustments to the proposed rates and their implications for the economy will be closely watched in the coming days.
