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Wall Street futures slide as Trump's new tariffs, Amazon weigh [Yahoo! Finance Canada]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Rates were set at 25% for U.S.-bound exports from India, 20% for Taiwan, 19% for Thailand and 15% for South Korea. The deadline set by Trump came with little to no hope of an extension, as made clear by the White House in its stance. However, China is facing an August 12 deadline to reach a durable tariff agreement with Trump's administration after Beijing and Washington reached preliminary deals in May and June to end tit-for-tat tariffs and a cut-off of rare earth minerals. "The August 1 announcement on reciprocal tariffs is somewhat worse than expected," analysts at Societe Generale said. The CBOE Volatility index, also known as Wall Street's fear gauge, jumped to a more than two-week high of 18.40 points. At 5:54 a.m. ET, S&P 500 E-minis were down 58.25 points, or 0.91%, Nasdaq 100 E-minis were down 234.75 points, or 1%, and Dow E-minis were down 398 points, or 0.9%. Meanwhile, Amazon slid 7.6% in premarket trading after growth in its cloud computing unit failed to im
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