Dow falls 300 points
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Stock futures are pointing to a slightly higher open on Wednesday after a sluggish start to the week amid uncertainty about U.S. trade policy.
Dow Futures fall as Trump unveils sweeping tariffs on Canada; Bitcoin surges, markets react, and tech continues to lead.
Investors were watching for fresh updates on trade Thursday and tuning into Fed speakers, while the Nasdaq Composite fights to advance its string of record closing highs this year.
Dow will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said on Monday, sending its shares down 2.5% in morning trade.
Stock futures are holding steady Thursday morning as investors keep close tabs on developments related to tariffs.
Fed minutes and copper are in focus Wednesday as stocks look to shake of tariff anxiety and rally to fresh record highs.
Wells Fargo analyst Michael Sison on Monday praised Dow’s (NYSE:DOW) decision to shutter three upstream assets in Europe, calling it a timely and disciplined follow-through on the company’s earlier European asset review.