Stock market today: Dow, S&P 500, Nasdaq futures tumble as Trump tariff threats, bond sell-off rattles markets

Market Overview - US stocks are expected to face significant losses due to renewed trade tensions between the US and Europe, particularly regarding Greenland, with Dow Jones futures indicating a drop of over 700 points [1] - The S&P 500 futures fell by 1.6% and Nasdaq 100 futures dropped by 1.9%, following a losing week for Wall Street [1] Trade Tensions - President Trump threatened a 200% import tariff on French wines after France's President Macron declined an invitation to join Trump's "Board of Peace" [2] - Trump also indicated that eight NATO countries would face additional import duties of 10% unless a deal regarding Greenland was reached, while the EU is considering $108 billion in retaliatory tariffs [3] Economic Indicators - Treasury yields have risen to their highest levels in four months, with the 30-year yield at 4.93% and the 10-year yield at 4.29%, influenced by a global bond sell-off and trade war risks [4] - The US dollar has fallen to a two-week low, while gold and silver prices have surged to record highs amid increasing demand for safe-haven assets [5] Corporate Earnings - Investors are preparing for a busy earnings season, with Netflix, Intel, and Johnson & Johnson set to report results, and analysts expect S&P 500 earnings growth of approximately 12% to 15% this year [6] - The sentiment of "Sell America" could lead to potential downside for corporate earnings if trade tensions persist [6] Acquisition News - British pharmaceutical giant GSK has agreed to acquire RAP Therapeutics for $2.2 billion, which will enhance its food allergy treatment portfolio [6][7]