Current Stock Market Situation: Dow, S&P 500, Nasdaq Futures Unsteady Amid Growing Trade Tensions on Wall Street
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US stock futures showed instability as investors on Wall Street dealt with the increasing trade tensions caused by President Trump.

The futures linked to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the Nasdaq Composite (NQ=F) all experienced a slight decline of 0.1%.

Stocks experienced a turbulent week, initially rising optimistically amid hopes that Trump would ease up on tariff threats but then dropping suddenly on Wednesday following reports of additional taxes on car imports.

Concerns persisted on Thursday as investors absorbed Trump's implementation of a 25% tariff on foreign vehicles and his tough stance in the trade dispute. The approaching April 2 deadline, when reciprocal tariffs are set to come into effect, is causing unease in the markets.

Focus will shift to the release of the Personal Consumption Expenditures index for February on Friday, which serves as the Federal Reserve's primary measure of inflation. This data will provide insight into how current inflation levels align with the Fed's 2% target.

While Fed officials anticipate heightened inflation and a slower economic growth due to new tariffs, Fed Chair Jerome Powell has assured that any price increases are likely to be temporary.

However, Powell's reassurances are losing impact amidst the escalating trade tensions instigated by Trump and growing uncertainty among Fed officials about the future direction of the economy. One policymaker even described the situation as having "zero visibility."

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