US Futures Stabilize After Market Selloff
US stock futures stabilized after a significant selloff, with major averages declining due to rising tensions between the US and Europe over President Trump's Greenland acquisition plans. Trump threatened tariffs on eight European nations opposing the deal. The Dow, S&P 500, and Nasdaq experienced their worst daily performance since October 10, falling 1.76%, 2.06%, and 2.39%, respectively. US Treasury yields rose, and the dollar weakened amid concerns over US asset confidence. Netflix shares dropped nearly 5% in after-hours trading despite a slight Q4 earnings beat.
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