Stock market today: Dow, S&P 500, Nasdaq futures climb ahead of Trump tariff moves as bitcoin, crypto surge
Published On Mar 2, 2025, 7:08 PM
U.S. stock futures for the Dow, S&P 500, and Nasdaq have seen gains as uncertainty lingers over President Trump's impending tariff implementation on Canada and Mexico. Investors are reacting to the potential market impact of these tariffs after a volatile trading month, especially in technology stocks. Additionally, cryptocurrencies like Bitcoin and Ethereum surged significantly after Trump announced they would be included in a new U.S. strategic cryptocurrency reserve. Earnings reports from major retailers and a critical jobs report are expected soon, influencing further market movements.
Stock Forecasts
NVDA
Positive
The ongoing tariff situation brings some uncertainty that may hinder market performance, particularly in export-reliant sectors. However, with the cryptos in a bullish phase, there is potential for tech and crypto-related assets to show positive movements. Companies like Nvidia might experience volatility due to mixed earnings results. Investors might look to focus on sectors benefiting from consumer spending if the jobs report shows positive growth.
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