Stock futures jump after Trump pauses Canada tariffs: Live updates

Published On Feb 3, 2025, 6:03 PM

Stock futures rose as President Trump announced a pause on planned tariffs against Canada and Mexico, alleviating some investor concerns. This positive sentiment saw futures for major indexes like the Dow, S&P 500, and Nasdaq gaining over half a percent. The announcement came after a volatile trading day where major averages had dipped significantly due to earlier tariff announcements. Analysts believe the market may face continued volatility due to trade uncertainty but remain bullish on overall market prospects, citing strong consumer spending and corporate profitability.