US stock futures slip as Trump tariff threat hits Nvidia, Alphabet before Tuesday open

US stock futures slip as Trump tariff threat hits Nvidia, Alphabet before Tuesday open

By Khadija Saeed
Publication Date: 2026-01-19 17:47:00

NEW YORK, Jan 19, 2026, 12:05 EST — The market has closed.

  • U.S. markets remain closed Monday for Martin Luther King Jr. Day; trading picks back up Tuesday.
  • Shares of Alphabet, Nvidia, and Microsoft traded lower in Frankfurt, while Nasdaq 100 futures also dipped.
  • Traders are eyeing a possible EU reaction along with a U.S. Supreme Court tariff decision expected as soon as Tuesday.

Shares of Nvidia (NVDA.O), Alphabet (GOOGL.O), and Microsoft (MSFT.O) dropped in European trade Monday, with Nasdaq 100 futures also slipping. The moves came after President Donald Trump threatened to expand tariffs on European nations amid a spat involving Greenland. Source

Wall Street was shut for the holiday, pushing action into thinner offshore trading. Still, the signal stood out: futures, which track an index before the cash market opens, indicated a softer start for U.S. stocks on Tuesday.

Shares of Alphabet in Frankfurt dropped 2.4%, with Nvidia and Microsoft both slipping 2.2%. Nasdaq 100 futures were last seen down roughly 1.25%. Source

Trade headlines are stirring nerves again, especially with U.S. tech stocks looking stretched after their recent surge. “I’m sure that there are a lot of people … thinking about how they hold their assets,” noted Francesca Fornasari, head of currency solutions at Insight Investment. Source

On Saturday, Trump warned he would hike tariffs on products from multiple European nations unless the U.S. is permitted to…