US stock futures plummeted on Thursday morning amidst escalating trade tensions and inflation concerns. Dow Jones Industrial Average futures were down 1,200 points, or 2.8%. S&P 500 futures sank 3.4%, and Nasdaq-100 futures lost 4%. According to HerMoney.com CEO Jean Chatzky, attempting to time the market is generally a losing strategy. Experts advise long-term investment strategies and rebalancing portfolios to manage risk during volatile periods. Top-yielding online savings accounts currently pay 4.4%, on average, well beyond the savings account rates at some of the largest retail banks, which average just 0.41%. A Wells Fargo analysis from last year indicated that the S&P 500's best trading days often occur during recessions, highlighting the difficulty of market timing.
US Stock Futures Plunge Amid Tariff Fears: Dow Futures Down 1,200 Points as Trade Tensions and Inflation Concerns Grip Markets
Edited by: Olga Sukhina
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