Stock Market Today: S&P 500, Nasdaq Futures Plunge As Trump Escalates Tariff Threats—Alibaba, United Airlines, Netflix In Focus
Benzinga
2026-01-20
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U.S. stock futures fell on Tuesday following Friday’s declines. Futures of major benchmark indices were lower.
The stocks extended the negative momentum seen during the holiday break as President Donald Trump's threat to impose escalating tariffs on Europe over the Greenland dispute continued to roil global markets.
Meanwhile, the 10-year Treasury bond yielded 4.28%, and the two-year bond was at 3.57%. The CME Group's FedWatch tool‘s projections show markets pricing a 95% likelihood of the Federal Reserve leaving the current interest rates unchanged in January.
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Tuesday. The SPY was down 1.70% at $679.90, while the QQQ declined 2.08% to $608.15.
The stocks extended the negative momentum seen during the holiday break as President Donald Trump's threat to impose escalating tariffs on Europe over the Greenland dispute continued to roil global markets.
Meanwhile, the 10-year Treasury bond yielded 4.28%, and the two-year bond was at 3.57%. The CME Group's FedWatch tool‘s projections show markets pricing a 95% likelihood of the Federal Reserve leaving the current interest rates unchanged in January.
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were lower in premarket on Tuesday. The SPY was down 1.70% at $679.90, while the QQQ declined 2.08% to $608.15.
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