U.S. market futures are trading sharply lower as investors react to new tariff threats against several major European nations, driving a broad risk-off sentiment. This geopolitical uncertainty has pushed safe-haven assets like gold and silver to record highs, while global stocks and cryptocurrencies are under pressure.
Stocks to Watch:
- Netflix, Inc. reports quarterly earnings after market close, with analysts anticipating significant EPS growth.
- 3M Company is scheduled to release its earnings pre-market today, with options pricing in a potential 6% stock move.
- United Airlines Holdings, Inc. will announce its earnings after the bell, with an implied stock volatility of over 7%.
- Logitech International S.A. shares fell 6% after a Morgan Stanley downgrade warned of slowing corporate IT spending.
Looking ahead, market direction will likely be dictated by developments surrounding the proposed tariffs, as no major U.S. economic data is scheduled for release today.