United States market futures turned to losses on Friday after US President Donald Trump said he would consider it a "total victory" if his administration still imposed tariffs up to 50% a year from now. He also claimed he has made 200 deals with trading partners since he first announced tariffs but did not provide any details.
Meanwhile, both SLB and Colgate-Palmolive reported falls in revenue in their first-quarter earnings releases.
The Dow Jones futures declined by 41% or 167 points at 7:57 am ET, the Nasdaq 100 lost 0.44% and the S&P 500 decreased by 0.38%.
The euro traded 0.30% lower compared to the dollar, selling for 1.13572 at 8:08 am ET.
