A wave of uncertainty swept through the financial markets as investors grappled with the implications of recent tariffs on the US economy. Following a turbulent session on Wall Street, stock futures displayed mixed reactions, with slight gains noted in major indices such as the Dow Jones Industrial Average and the tech-heavy Nasdaq Composite. The Federal Reserve Chair's remarks further intensified concerns, as he highlighted the potential adverse effects of tariffs on inflation and economic growth.

Investor sentiment remained fragile amid ongoing trade disputes, particularly affecting technology stocks. Nvidia experienced significant declines following news of new restrictions on its sales to China, underscoring the broader impact of geopolitical tensions on global markets. Meanwhile, corporate earnings reports are set to capture attention, with Netflix expected to provide some reassurance amidst Big Tech's volatility. Investors anticipate robust performance from the streaming service, contrasting with the challenges faced by other sectors due to the escalating trade war.

Global energy markets also reflected heightened sensitivity to geopolitical developments. Crude oil prices edged higher in response to US sanctions targeting Iranian oil exports, which have tightened supply forecasts. As OPEC members consider further production adjustments, the outlook for oil markets suggests an increasingly constrained environment. This situation highlights the interconnected nature of international trade and its profound influence on both financial markets and commodity prices, reinforcing the importance of stable global relations for sustained economic prosperity.