Morning Movers: Trump says China ‘totally violated’ trade agreement

Stock index futures are pointing fractionally lower as traders navigate renewed uncertainty about President Donald Trump’s tariff policies. A day after the “off again, on again” tariff drama in the courts, President Trump took to Truth Social to says that China, “perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US.”

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In pre-market trading, S&P 500 futures are down 0.37%, Nasdaq futures are down 0.29%, and futures for the Dow Jones Industrial Average are down 0.32%.

Check out the rest of the morning’s top movers from around Wall Street, compiled by The Fly.

UP AFTER EARNINGS/GUIDANCE – 

• UiPath (PATH) up 12%
• Ulta Beauty (ULTA) up 10%
• Zscaler (ZS) up 5%

DOWN AFTER EARNINGS/GUIDANCE – 

• Dell Technologies (DELL) down 1%
• Gap (GAP) down 15%
• Marvell Technology (MRVL) down 4%
• NetApp (NTAP) down 6%
• PagerDuty (PD) down 5%

LOWER – 

• Airbnb (ABNB) down 3% after Truist downgraded shares to Sell on “soft” summer leisure trends