U.S. stock futures remained relatively stable on Sunday night as investors assessed a volatile market landscape marked by tariff concerns and economic data. Meanwhile, Bitcoin and other cryptocurrencies surged following President Donald Trump’s reaffirmation of a U.S. strategic crypto reserve.
Stock Futures Steady Amid Market Uncertainty
Dow Jones futures dipped 0.1%, while S&P 500 futures remained flat. Nasdaq 100 futures edged slightly higher, reflecting cautious optimism after last week’s sharp declines.
The broader stock market suffered significant losses, with the Nasdaq reaching its lowest level of 2025 before rebounding Friday on easing inflation data and speculation over Trump’s tariff policies. Despite the bounce, key growth stocks—including Nvidia (NVDA), Palantir Technologies (PLTR), and Tesla (TSLA)—remain under pressure.
In contrast, the Dow Jones managed to gain ground last week, climbing back above a key technical level. Financials, industrials, medical stocks, and retailers showed resilience despite market-wide volatility.
Bitcoin Soars on Trump’s Crypto Reserve Plans
Bitcoin saw a dramatic rally over the weekend after Trump expanded on his proposal for a U.S. crypto reserve, naming Bitcoin, Ethereum, and other digital assets for inclusion. The leading cryptocurrency briefly surpassed $95,000 on Sunday before settling around $93,000. As of Friday at 4 p.m. ET, Bitcoin had been trading at $84,108.22.
The 10-year Treasury yield inched up to 4.24%, while crude oil futures rose 1%.
Trump Tariffs Loom Over Markets
Commerce Secretary Howard Lutnick reiterated that tariffs on Mexico and Canada, set to take effect Tuesday, remain uncertain. While an initial 25% rate was proposed, adjustments may still be made. Meanwhile, Treasury Secretary Scott Bessent suggested that Mexico could match U.S. tariffs on China as a way to avoid penalties, with hopes that Canada might follow suit.
The Dow Jones climbed 0.95% last week, surpassing its 50-day moving average. However, the S&P 500 slid 1%, and the Nasdaq dropped 3.5%, even after a 1.6% Friday rebound. The small-cap Russell 2000 fell 1.5%, hitting a five-month low.
With major indexes erasing much of their postelection gains, market analysts stress that a single strong session does not confirm a sustained rally. The focus remains on whether the recovery can gain momentum and trigger a follow-through rally.
Key Sectors and Upcoming Data
Defensive sectors, including financial services, aerospace, retail, and medical stocks, have shown relative strength. Notable names flashing buy signals include Berkshire Hathaway (BRKB), Mastercard (MA), Tradeweb Markets (TW), Walmart (WMT), RTX Corp. (RTX), and Eli Lilly (LLY).
The 10-year Treasury yield dropped 19 basis points last week to 4.23%, its lowest since December, reflecting investor caution ahead of key economic data. The February jobs report, set for release on Friday, is expected to provide further insights into labor market conditions and potential Federal Reserve policy moves.
As the market navigates an uncertain economic and geopolitical landscape, investors remain watchful for signs of sustained recovery or further volatility.
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