forex
US futures Dow futures -0.74% at 40932 S&P futures -0.9% at 5601 Nasdaq futures -1.27% at 19722 In Europe FTSE -0.28% at 8600 DAX -0.52% at 23213 Stocks drop as tariff uncertainty weighs The 2-day FOMC meeting begins Ford falls after suspending guidance Oil rebounds from a 4-year low Stocks fall on tariff concerns as the FOMC meeting begins U.S. stocks are set to open lower on Tuesday after President Trump's plan to impose further trade tariffs dampened investor sentiment. The Federal Reserve's two-day meeting also kicks off today ahead of tomorrow's rate decision. Trump said on Monday he would announce farmer tariffs over the next two weeks. His latest announcement follows his announcement on Sunday that he would impose tariffs on foreign-made movies. Drugmakers Eli Lilly and Pfizer were slightly lower premarket following the latest developments, which offset optimism surrounding deregulation towards approval for opening pharmaceutical manufacturing plants. Tarif...