U.S. stock futures are currently on a decline as shifts in global government policies impact the markets. The dollar has weakened further, leading to drops in futures for the Dow and S&P 500, while Nasdaq-100 futures have seen a significant loss exceeding 1%.

This decline follows a rally on Wednesday, which was driven by a partial rollback of tariffs against Canada and Mexico. In the bond market, government bonds are experiencing a global decline, resulting in higher yields. Notably, U.S. Treasury yields have increased slightly, although they remain lower than those in Europe and Japan.

Meanwhile, global markets are showing mixed outcomes:

• The Stoxx Europe 600 is slightly down.
• Asian indexes, particularly Hong Kong’s Hang Seng, have surged by 3.3%, fueled by gains in Chinese technology stocks.

📎 Related coverage from: wsj.com