U.S. Stock Futures Hold Steady Amid Tariff Threats and Fed Minutes Focus
Key Highlights:
* U.S. stock index futures remain largely flat as investors assess President Trump's tariff announcements and await the Federal Reserve's January meeting minutes.
* Trump has threatened "neighborhood of 25%" auto tariffs and similar duties on semiconductors and pharmaceuticals.
* Fed Chair Powell previously signaled no rush to cut interest rates, despite mixed economic data.
* Minutes from the January meeting, due at 2 p.m. ET, may provide insights into the Fed's rate path.
* Traders anticipate at least one 25-basis-point rate cut by December, with a 43% chance of another.
* S&P 500 closed at an all-time high in the previous session, boosted by tech giants Microsoft and Nvidia.
* Walmart's results, a bellwether for consumer spending, expected later this week.
* Arista Networks and Bumble report disappointing first-quarter forecasts.
* Celanese posts a quarterly loss.