US STOCKS SNAPSHOT-Futures slide as China announces additional tariffs on US goods

Reuters04-09

April 9 (Reuters) - U.S. stock index futures moved sharply lower on Wednesday after China announced additional tariff measures on U.S. goods, retaliating to President Donald Trump's reciprocal tariffs which came into effect.

China will impose 84% tariffs on U.S. goods from Thursday, up from the 34% previously announced, the finance ministry said.

At 07:08 a.m. ET, Dow E-minis 1YMcv1 were down 709 points, or 1.87%, S&P 500 E-minis EScv1 were down 86.5 points, or 1.72% and Nasdaq 100 E-minis NQcv1 were down 250.75 points, or 1.45%.

(Reporting by Shashwat Chauhan in Benglauru; Editing by Arun Koyyur)

((Shashwat.Chauhan@thomsonreuters.com))

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