March S&P 500 E-Mini futures (ESH25) are up +0.57%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.62% this morning, pointing to a strong open on Wall Street, while investors digested the latest tariff announcements from U.S. President Donald Trump and “good-but-not-great” earnings from AI darling Nvidia.
President Trump delivered conflicting statements Wednesday regarding the implementation of tariffs, leaving investors uncertain. Trump said he would impose tariffs of 25% on the European Union. A White House official stated that the European tariffs could target all exports from the bloc or be limited to specific sectors. Also, the Trump administration is set to impose tariffs on Mexico and Canada, though it remains uncertain whether they will be enacted in March.
