Stock Market Today: Trump Readies More Tariff Letters; Dow Futures Edge Up

President Trump is gearing up to send out more tariff-related letters to several countries as part of ongoing trade negotiations. Meanwhile, Dow futures are ticking up slightly, suggesting cautious optimism in the markets despite the potential for fresh trade tensions.

Russia has seized a staggering $50 billion worth of assets—from cash to property—over the past three years, according to a report by Kommersant. The term "Fortress Russia" reflects the government's aggressive push to control capital and resources, often targeting businesses and individuals under broad legal pretexts. This isn't just about foreign companies; domestic entities are getting caught in the net too.

The US dollar is holding steady while Asian stocks are showing mixed results as investors weigh the potential impact of future tariffs. Traders seem cautious, unsure whether new trade policies will shake up markets or leave things mostly unchanged.

Oil prices dipped slightly after hitting two-week highs, as traders held back on big moves while waiting for more details on upcoming tariffs. It’s a classic "wait-and-see" market moment—investors don’t want to commit until they know how new trade policies might shake things up.

The US dollar is climbing against the Japanese yen as tensions in Trump's trade wars heat up. Investors are flocking to the dollar as a safer bet amid the uncertainty, while the yen—often seen as a refuge in turbulent times—is losing some ground.