Stock Market Update
02-Jun-26 08:30 ET
Futures point to lower open amid new tariff developments
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -12.00. Nasdaq futures vs fair value: -28.00.
The S&P 500 futures currently trade 12 points below fair value.
On the trade front, the White House adjusted tariffs on agricultural equipment, including combines and harvesters, lowering the rate to 15% from 25%, while also making changes to certain metals tariffs. Separately, the U.S. Trade Representative proposed an additional 25% tariff on imports from Brazil, excluding goods already subject to Section 232 tariffs.
