US stock futures plunged as Trump threatened escalating tariffs on Europe over the Greenland dispute. Dow Jones -1.66%, S&P 500 -1.79%, Nasdaq 100 -2.23%, Russell 2000 -2.17%. Important numbers: 10-year Treasury bond at 4.28%, 2-year bond at 3.57%. SPY down 1.40% to $682.01, QQQ down 1.67% to $610.68. BHP down 1.65% despite production guidance lift. Alibaba dropped 2.35%. Fed likely to keep rates unchanged in January.

U.S. stock futures declined after a negative holiday break, influenced by President Trump's threat of escalating tariffs on Europe over the Greenland dispute. The 10-year Treasury bond yielded 4.28% and the two-year bond was at 3.57%. Markets projected a 95% likelihood of the Federal Reserve maintaining current interest rates in January. Index Performance: Dow Jones -1.66%, S&P 500 -1.79%, Nasdaq 100 -2.23%, Russell 2000 -2.17%. The SPDR S&P 500 ETF Trust and Invesco QQQ Trust ETF were lower premarket. BHP Group fell 1.65% despite lifting copper production guidance. Alibaba Group Holding dropped 2.35% amidst competition concerns with ByteDance. The SPY was down 1.40% at $682.01, and the QQQ declined 1.67% to $610.68.