US Stock Market Opens Red Amid Tariff Uncertainty and Asian Market Volatility

The US stock market began September in a downturn as uncertainty surrounding trade relations and rising bond yields weighed on investor sentiment. Futures contracts for the Dow Jones Industrial Average, S&P 500, and Nasdaq-100 all fell by early Tuesday. This sell-off was attributed to profit-taking following an extended period of gains. Tech stocks such as Nvidia and Palantir were particularly affected, while the yields on the 10-year and 30-year Treasury bonds rose, signaling a hawkish trend in the bond market. The shift in focus is now towards upcoming data releases like the August jobs report and the Fed’s monetary policy decision later this month.