US Stock Futures Dip Amid Escalating Trade War and Corporate Earnings

Dow Jones futures (YM=F): Flat
S&P 500 futures (ES=F): Down 0.2%
Nasdaq futures (NQ=F): Down 0.3%

Trade War Developments:

* Trump imposes 10% tariffs on Chinese goods.
* China retaliates with tariffs on 80 US products.
* Trump dismisses China's tariffs as "fine" and expresses no rush to meet with Xi.

Corporate Earnings Impact:

Alphabet (GOOG, GOOGL):
* Earnings beat, revenue meets expectations.
* Dip in cloud sales and increased spending spook investors.
* Shares fall 7% after-hours.

AMD (AMD):
* Revenue exceeds estimates, solid 4.6% gain.
* CEO forecasts declining data center sales.
* Shares plunge over 8% in after-hours trading.

Chipotle (CMG):
* Meets earnings expectations.
* Conservative guidance triggers 5% post-market decline.

Disney (DIS):
* Earnings report scheduled for Wednesday.
* Anticipated headwinds for theme parks and Disney+ streaming platform.

Asian Stock Markets:

* Asian stocks decline due to rising trade tensions.
* CSI 300 Index falls 0.6% after erasing initial gains.
* Nikkei 225 slips 0.2%, Hang Seng drops 0.6%.
* US Postal Service suspends inbound parcels from China and Hong Kong, adding to uncertainty.

Outlook:

* Stock outlook remains unclear, dependent on tariff negotiations and China's economic recovery.
* Investors exercise caution amid ongoing trade tensions.