US equity futures are slightly lower after a weak close on Monday. European markets opened tentatively higher following losses in the previous session. Asian equities ended mostly higher. Markets continue to react to Trump's weekend tariff announcements, which were more aggressive than expected. However, concerns eased somewhat after Mexico's President Sheinbaum confirmed a one-month postponement of tariffs on Mexico in exchange for increased border security commitments. Trump is set to speak with Canada's Trudeau and reportedly plans to call China's President Xi. Developments have fueled speculation that the tariffs may serve as diplomatic leverage rather than lasting policy changes, though reports indicate Trump is considering 10 percent tariffs on the European Union. China responded to the formal start of US tariffs with its own set of 10 percent and 15 percent duties on US energy products and launched an antitrust investigation into Google.

Companies Mentioned: KKR, Fuji Soft, Grab, GoTo, Vacasa

US equity futures are lower after a weak close on Friday. European markets opened sharply lower but have since pared some losses. Asian equities ended broadly weaker. Markets reacted to President Trump’s decision to impose new tariffs on imports from Mexico, Canada, and China, triggering a broad risk-off move. Additional tariffs targeting chips, metals, and energy are set to take effect by 18-Feb, with Canada announcing retaliatory measures. Analysts warned that rising import costs could push inflation higher, reducing the likelihood of further Federal Reserve rate cuts. Inflation data showed no change from the prior month, while personal spending increased at a faster pace than expected. Federal Reserve officials maintained a cautious tone, emphasizing that inflation remains a concern and signaling little urgency for rate cuts.

Companies Mentioned: Sphere Entertainment, Amazon, Shein, Alibaba, PDD, eBay, Costco