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Wall Street Futures Tick Higher as 2026 Trading Begins

U.S. stock futures moved higher early Friday, signaling a confident start to the first trading session of 2026. The gains follow a strong multi‑year run for equities and come as investors look ahead to a new year of economic and corporate developments. Dow Jones Industrial Average futures edged up, S&P 500 futures posted a modest rise, and Nasdaq futures led the early advance with a stronger uptick. The move reflects continued enthusiasm for technology and growth‑oriented sectors, which helped drive markets through much of the previous year. Despite bouts of volatility in late 2025, major indexes closed the year with solid performance, supported by resilient consumer spending, easing inflation pressures, and expectations of a more accommodative monetary environment. As 2026 begins, traders are watching several themes: the timing and pace of potential interest‑rate cuts, the durability of tech‑sector leadership, and whether gains will broaden across more industries. Early future...
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Trump Delays Tariff Hikes on Furniture and Cabinets for One Year

 


President Donald Trump has postponed planned tariff increases on imported upholstered furniture, kitchen cabinets, and bathroom vanities, granting a one‑year extension before higher duties take effect.

The tariffs were originally scheduled to rise at the start of 2026, with rates on upholstered furniture set to increase from 25% to 30%, and duties on kitchen cabinets and vanities slated to jump from 25% to 50%. Under the new timeline, the current 25% rate will remain in place through 2026.

The administration said the delay is intended to provide additional time for ongoing trade negotiations with countries that export these products to the United States. Officials have argued that the tariff increases are part of a broader effort to bolster domestic manufacturing and address long‑standing trade imbalances.

The postponement offers temporary relief to importers, retailers, and builders who had been preparing for higher costs. Unless further action is taken, the increased tariffs are now scheduled to take effect on January 1, 2027.


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