US stock futures slide after Bessent

When it was announced that Bessent would be at the morning White House briefing, some thought he would be there to talk about an announcement. Evidently not as he re-hashed the usual talking points and added very little in the way of info around tax policy and tariffs.

S&P 500 futures have fallen about 25 points since the press conference started and are now down 29 points, or 0.5% shortly before the open. Bond yields are flat and the US dollar is firming.

Share of Amazon are down 2% in the pre-market after Leavitt said the decision to show tariff costs on goods is a ‘hostile political act’.

This article was written by Adam Button at www.forexlive.com.