Stock futures fell Monday following the U.S. government’s announcement that tariffs are set to go into effect Aug. 1. The Dow Jones Industrial Average futures slid by 53 points, or 0.1%, while the S&P 500 and Nasdaq 100 futures dipped 0.

World shares are mostly higher, with financial markets shrugging off U.S. tariff pressures on its trading partners.

“Record highs and a low VIX signals markets have already priced in perfection — a soft landing and a clean unwind of tariff risks — which feels wildly out of sync with the real-world picture,” said Hebe Chen, an analyst at Vantage Markets in Sydney. “A pullback is very much on the table, with the S&P 500 glued to overbought territory,” she said.

LONDON/NEW YORK (Reuters) -Brazil's stock market was dragged lower by its financial sector on Thursday while the real currency rebounded, a day after U.S. President Donald Trump's shock move to slap 50% tariffs on imports from Latin America's largest economy, citing political disagreements.

The stock market's rather muted response to President Donald Trump's ongoing tariff threats is giving way to pro-cyclical strength in the areas of banking, cars, transportation and consumer-discretionary names.

U.S. stock futures dipped Monday as investors faced tariff uncertainties, with Trump planning higher tariffs and Musk announcing a new political party. Markets are cautious as economic data is sparse,

US stock futures dipped as Trump expanded tariffs to 14 more countries and delayed the “reciprocal” tariff deadline to August 1