Markets.News

Stock futures plunged as Trump threatened tariff escalation on Europe over Greenland dispute. Index performance: Dow Jones -1.66%, S&P 500 -1.79%, Nasdaq 100 -2.23%. Bond yields: 10-year at 4.28%, 2-year at 3.57%. Fed likely to maintain interest rates in January with a 95% likelihood. BHP Group down 1.65% despite lifting copper production guidance. Alibaba dropped 2.35% amid ByteDance competition in China's cloud market.

U.S. stock futures decreased on Tuesday due to President Trump's tariff threats on Europe over the Greenland issue, extending the negative trend from the holiday break. The 10-year Treasury bond had a 4.28% yield, and the two-year bond was at 3.57%. With the Fed likely to keep interest rates steady, major indices like Dow Jones (-1.66%), S&P 500 (-1.79%), Nasdaq 100 (-2.23%), and Russell 2000 (-2.17%) were all down. SPDR S&P 500 ETF Trust (SPY) was down 1.70% at $679.90, while Invesco QQQ Trust ETF (QQQ) fell 2.08% to $608.15. BHP Group (BHP) was 1.65% lower despite raising copper production guidance, and Alibaba Group Holding (BABA) declined 2.35% following ByteDance's challenge to its cloud market dominance in China. BABA maintains a strong price trend in the short, medium, and long term.