Stock futures are pointing to a lower open Monday as investors respond to President Donald Trump's latest tariff threats and prepare for a busy week of earnings reports and economic data.

S mall caps and blue chips lagged a generally down market Friday as the Russell 2000 and Dow Jones Industrial Average were responsible for most of the selling. Meanwhile the Nasdaq and S&P 500 tried to limit losses as Nvidia NVDA and Palantir PLTR continued to attract buyers on the stock market today.

US equity futures dropped on Monday following President Donald Trump’s weekend declaration of a 30% tariff on goods from the European Union and Mexico effective Aug. 1.