U.S. stock futures fell Sunday night following President Donald Trump's announcement that he would raise global tariffs to 15% from 10%. This decision was made after the Supreme Court struck down a broad swath of Trump's trade agenda.
The Dow Jones Industrial Average futures dropped by 300 points, or 0.6%, while S&P 500 futures and Nasdaq 100 futures slid by 0.7% and nearly 1%, respectively. Oil prices also declined, with Brent crude futures decreasing by 0.7% to $71.26 a barrel.
Bitcoin prices suffered as well, falling 5% to below $65,000. The cryptocurrency's sharp sell-off continued amid the uncertainty surrounding global tariffs and inflation outlooks.