US Stock Market Live: Futures on Wall Street are set to kick off the new trading week positively, following recent tariff exemptions. The Dow futures have risen by 130 points, while the S&P 500 and Nasdaq index futures are up by 40 and 220 points respectively. On Friday, US President Donald Trump announced exemptions for smartphones, computers, and certain components like semiconductors from reciprocal tariffs. However, Commerce Secretary Howard Lutnick emphasized that these exemptions are not permanent, which adds a layer of uncertainty.
US Stock Market Live: Futures on Wall Street are poised to begin the new trading week on a positive note after the latest tariff exemptions. The Dow futures have increased by 130 points, while the S&P 500 and Nasdaq futures have risen by 40 and 220 points, respectively. President Donald Trump exempted smartphones, computers, and specific components like semiconductors from reciprocal tariffs on Friday. Nevertheless, Commerce Secretary Howard Lutnick later clarified that these exemptions are not permanent, introducing additional uncertainty. Trump further noted on Truth Social that these exemptions remain under the existing 20% Fentanyl tariffs while simply being categorized differently. Asian markets have also opened in the green, with Japan and South Korea indices each gaining up to 2%. Crude oil prices are slightly elevated, gold is undergoing some profit-taking, while the US 10-year yield is steady at 4.47%, having briefly touched 4.55% last Friday. Stay tuned for live updates.
