Stock futures in the United States extended their losses on Friday, as investors digested US President Donald Trump signing an executive order to increase the trade duties for several countries and keep a 10% baseline rate for others. Investors also braced for the incoming economic data, including the report on nonfarm payrolls, consumer confidence and PMI data.
The Dow Jones Industrial Average dropped by 1.08% or 480 points at 6:55 am ET, while the Nasdaq 100 fell by 1.23% at the same time. A minute later, the S&P 500 dipped by 1.1%.
The euro traded flat against the dollar and went for $1.14131 at 7:03 am ET.
