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US stock futures were under pressure late Wednesday afternoon after President Trump announced reciprocal tariffs on a range of US trading partners that surprised markets during a "Liberation Day" event held at the White House.
Near 4:45 p.m. ET, S&P 500 futures were down 1.7%, Nasdaq 100 futures were off 2.5%, while futures on the Dow Jones Industrial Average fell 0.7%.
Ahead of Trump's announcement on Wednesday, stocks shook off early losses with all three majors gaining ground as the S&P 500...
>>> Read more: Stock market today: Stock futures sink after Trump's 'Liberation Day' tariffs shock markets
Near 4:45 p.m. ET, S&P 500 futures were down 1.7%, Nasdaq 100 futures were off 2.5%, while futures on the Dow Jones Industrial Average fell 0.7%.
Ahead of Trump's announcement on Wednesday, stocks shook off early losses with all three majors gaining ground as the S&P 500...
>>> Read more: Stock market today: Stock futures sink after Trump's 'Liberation Day' tariffs shock markets
