Stock Market Update
20-Jan-26 09:16 ET
Futures point to lower open amid risk-off posturing
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -104.00. Nasdaq futures vs fair value: -434.00.
The stock market is on track for a lower opening this morning as investors brace for an escalation in trade tensions between the U.S. and Europe.
President Trump has called for a 10% tariff on imported goods from eight NATO members effective February 1, before rising to 25% on June 1 if a deal for the U.S. to acquire Greenland has not been reached, with the UK, Germany, and France chief among them.
Stocks are poised for a broadly lower opening this morning, with particular weakness in mega-cap names amid a clear "risk off" tone to start the week.
Separately, the U.S. Supreme Court could rule on the legality of President Trump's IEEPA tariffs this morning.
