US stock market futures crash today: Dow, S&P 500, Nasdaq futures drop over 1% as China retaliates; shipping sanctions jolt traders, crypto loses $150B, silver hits record high, Powell speech in focus
US stock futures fell Tuesday as US-China trade tensions escalated after Beijing targeted US-linked shipping firms. Dow, S&P 500, and Nasdaq futures dropped sharply ahead of bank earnings. Crypto markets plunged $150 billion, and silver soared to record highs above $52. Investors now turn their focus to Fed Chair Jerome Powells speech and Wall Street bank earnings for clues on whats next for markets.
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