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Benzinga
Benzinga
Business
Rishabh Mishra

US Stocks Likely To Open Lower As Trump's 20% Blanket Tariff Bombshell Weighs On Markets: Bitcoin-Linked Stocks MSTR, COIN Jump As BTC Touches $123,000

Wall Street

U.S. stock futures were lower on Monday after ending on a negative note on Friday. Futures of major benchmark indices were lower.

President Donald Trump, in a telephone interview with NBC News' “Meet the Press” moderator Kristen Welker, asserted that “The tariffs have been very well received.” He believes that if a 10% tariff can generate around $300 billion annually, a 20% rate could double that intake.

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