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Dow Jones Industrial Average futures wavered on Tuesday — a day after the blue-chip index closed at a record high — as investors assessed the threat of new tariffs from President-elect Donald Trump.
Futures for the 30-stock average poked ahead 21 points, or 0.1%, to 44,847.
Futures for the S&P 500 added 15.75 points, or 0.3% to 6,022.25
Futures for the NASDAQ Composite Index leaped 71.5 points, or 0.3%, to 20,951.75.
On Monday night, Trump called for a 25% tariff on products from Mexico and Canada, as well as an additional 10% levy on Chinese goods. He has already said he would impose a tariff of up to 20% on all imports, and an additional duty of at least 60% on products from China.
Stocks are coming off an action-packed session fueled by Trump’s new Treasury secretary pick, hedge fund executive Scott Bessent. The gains helped bolster the belief that the postelection rally is back in full gear following a brief breather.
The 30-stock Dow popped roughly 440 points, or about 1%, to a new record close during regular trading. The S&P 500 gained 0.3% to notch a new all-time intraday high, while the NASDAQ Composite edged up about 0.3%.
The U.S. market is closed Thursday for the Thanksgiving holiday and set to close early Friday, with volume expected to remain light.
In Japan, the Nikkei 225 dipped 0.9% Tuesday, while in Hong Kong, the Hang Seng edged upward 0.04%.
Oil prices gained 70 cents to $69.64 U.S. a barrel.
Gold prices took on $14.50 to $2,633 U.S. an ounce.
