Trump's tariffs continue to affect the global economy and markets. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction following the rally seen in the previous session.

Wall Street nudged toward slim gains early on some positive first quarter performances from retailers and ahead of earnings from the chipmaker and AI darling Nvidia.

Wall Street futures headed lower after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose.

Wall Street share futures slipped with the dollar on Monday and Treasury yields rose as concerns about erratic U.S. economic policies were underlined by Moody's downgrade of the country's credit rating.

But the bigger news was President Trump's threatened 25% tariff on goods imported to the U.S. by Apple (NASDAQ: AAPL ), which knocked the S&P 500's largest component stock lower on the day, taking the index lower by a smaller percentage along with it.

U.S. markets edged lower in trading before the opening bell as the last few major companies report earnings amid a dearth of market-moving news

While Wall Street is sending money abroad, Main Street is leaning in to America, doubling down on a “buy-the-dip” strategy that has, for now, paid off.