Futures fell as President Trump announced a 35% tariff vs. Canada after the S&P 500 and Nasdaq hit highs even as CoreWeave dived.

U.S. stock futures dipped Thursday amid investor reaction to President Donald Trump’s latest tariff moves. Brazil has become the newest focus of Trump’s trade offensive, triggered by the country’s treatment of a political ally.

US stock market today opened slightly lower as Dow, S&P 500, and Nasdaq futures paused after a powerful tech rally led by Nvidia, which just hit a historic $4 trillion market value. Meanwhile, President Trumps new tariff threats—including a proposed 50% import tax on Brazil and extra tariffs on BRICS nations—are now in focus.

U.S. and European stock futures dipped in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, restraining a broad rally in regional share markets. The dollar gained on the euro and the Canadian currency as Trump issued a letter late on Thursday that a 35% tariff rate on all imports from Canada would apply from August 1,

Wall Street on Friday was poised for a negative open, with stock index futures down, as President Donald Trump slapped a 35% tariff on Canada and warned of further hikes if Ottawa retaliated. S&P 500 futures (SPX) -0.