U.S. stock futures are pointing lower following yesterday's selloff as tariffs on Canada, Mexico, and China take effect; Canada responds with a 25% tariff on $27 billion worth of U.S. goods and China retaliates with tariffs on U.S. farm imports; Target (TGT) posts better-than-expected fourth-quarter results but warns that tariffs could put pressure on current-quarter profits; Walgreens Boots Alliance (WBA) shares are rising in premarket trading after a report it's near a $10 billion deal to be taken private; and Nvidia (NVDA) sha൲res are slipping after p﷽lunging Monday. Here's what investors need to know today.

1. US Stock Futures Point 𒈔Lower as Tariffs Tಌake Effect

U.S. stock futures are pointing lower following 澳洲幸运5官方开奖结果体彩网:yesterday's selloff as tariffs on Canada, Mexico, and China take effect. Nasdaq futures are 0.7% lower after the tech-heavy index shed 2.6% Monday, while 澳洲幸运5官方开奖结果体彩网:S&P 500 and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures also are lower following slides yesterday. Bitcoin (BTCUSD) is down 3% to trade below $84,000. The 10-year Treasury note yield and oil futures also are l🍃ower. Gold futures are 1% higher.

⭕ 2. Cana🌟da, China Retaliate With Tariffs on US Goods

Canada and China announced retaliatory actions against the U.S. as tariffs against the two nations and Mexico 澳洲幸运5官方开奖结果体彩网:kicked in today. Canada responded by announcing 25% tariffs on C$30 billion ($27 billion) worth of U.S. goods, while China said it will impose tariffs on a string of U.S. farm products. Market watchers are also waiting for 澳洲幸运5官方开奖结果体彩网:remarks tonight from President Donal🥀d Trump.

3. Target Q4 Results Top Estimates But Retailer Warns of 'Tariff Uncertainty'

Target (TGT) reported fourth-quarter results that 澳洲幸运5官方开奖结果体彩网:topped analysts' estimates but warned that "tariff uncertainty" would pressure first-quarter profit. The retailer reported adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $2.41 on revenue that declined 3% year-over-year to $30.92 billion, better than 澳洲幸运5官方开奖结果体彩网:expectations. Target's 澳洲幸运5官方开奖结果体彩网:comparable sales rose 1.5%, above projections of 1.39% growth. Shares are 1.5% lower ꦫin premarket trading.

4. Walgreens Stock Rises on Report It's Near Deal to Go Private

Walgreens Boots Alliance (WBA) shares are rising 5% in premarket trading after The Wall Street Journal reported that the pharmacy chain was close to a roughly $10 billion deal to be taken private. 澳洲幸运5官方开奖结果体彩网:Recent speculation over the deal had helped push shares 10% higher this year entering Tuesday. The Journal reported that private-equity firm Sycamore Partners has been discussing paying between $11.30 per share and $11.40 per share in cash for the company, which was 澳洲幸运5官方开奖结果体彩网:replaced by Amazon (AMZN) in the Dow just over a year ago.

5. Nvidia Stock Falls Further Aftไer Sinking Monday

Nvidia (NVDA) shares are falling 3% further in premarket trading after sinking nearly 9% Monday as 澳洲幸运5官方开奖结果体彩网:stocks associated with AI fell on worries over the impact of tariffs. Super Micro Computer (SMCI) shares are 7% lower following a decline of nearly 13% in the prior session, and shares of nuclear power providers Constellation Energy (CEG) and Vistra (VST) are down roughly 3% and 2.5%, respectively, as optimism fades on AI data center power needs.