Tariff policy standoff
The White House maintained its tariff position while the EU prepared countermeasures covering more than $28 billion of U.S. goods.
Apr 6, 2025 · QQQ/SPY Market Review · 9 headlines
Tariff standoff spans Sunday futures and Asian markets
U.S. cash equities were closed on Sunday. Tariff tensions remained the central theme as U.S. futures fell sharply, Asian markets sold off, the EU prepared countermeasures, and the White House said more than 50 nations had sought talks.
Published
- QQQ
- 0.00%
- SPY
- 0.00%
- QQQ − SPY
- 0.00%
What shaped the session
Global risk stress
U.S. futures fell sharply, Nikkei futures were briefly halted, the Hang Seng dropped 8.8%, and crude oil futures broke below $60.
Tariff negotiation outreach
The White House said more than 50 countries affected by reciprocal tariffs had contacted the United States to begin negotiations.
German output weakness
German industrial production fell 1.3% month over month in February, compared with a 0.9% decline expected.
Key news
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