Stock market today: Dow, S&P 500, Nasdaq futures sink as Trump tariff threats and bond sell-off rattle nerves

Market Overview - US stocks are expected to face significant losses due to renewed trade tensions between the US and Europe, particularly regarding Greenland, alongside a global bond sell-off led by Japan [1][2] - Dow Jones Industrial Average futures indicate a potential drop of nearly 600 points, with S&P 500 and Nasdaq 100 futures also showing declines of 1.3% and 1.6% respectively [1] Trade Tensions - President Trump has threatened additional import duties of 10% on eight NATO countries unless a deal regarding Greenland is reached, with the EU considering $108 billion in retaliatory tariffs [3] - Trump also proposed a 200% import tariff on French wines following a diplomatic snub from President Macron, escalating trade tensions further [4] Bond Market Impact - Treasury yields have risen to their highest levels in four months due to the sell-off in Japanese bonds, which has affected US debt markets [5][8] - The "Sell America" trade has emerged, leading to a decline in the dollar and record highs for gold and silver as investors seek safe-haven assets [5] Earnings Season - Investors are preparing for a busy earnings season, with Netflix set to report results after the market close, and its stock has shown resilience by rising after amending its bid for Warner Bros [6] - D.R. Horton reported a 3% decline in stock price due to lower first-quarter profits amid affordability concerns affecting home buyers [7] Acquisition News - GSK has announced the acquisition of RAP Therapeutics for $2.2 billion, significantly boosting its food allergy treatment portfolio, resulting in a 60% increase in RAP's stock price [10]