FX.co ★ US Stocks Set to Hold Losses

On Wednesday, futures linked to U.S. equities remained relatively unchanged, maintaining the steep decline from the previous session that drove indices to their lowest in a month. This drop followed the U.S.'s assertive stance on the prospect of purchasing Greenland, which spurred a shift away from assets denominated in U.S. dollars. Contracts for the three main indices wiped out their early rebound, fluctuating between slight gains and losses. President Trump was scheduled to address the World Economic Forum, following his administration's intensified push to acquire Greenland from Denmark, and reiterated threats of tariffs on significant European economies should they resist the proposal. Broader market sectors continued to reflect recent losses, and most major technology firms faced lower pre-market trading. Additionally, Netflix shares dropped more than 7% before the market opened, after announcing increased program spending and underscoring the financial impact of the Warner Bros. Discovery deal. In contrast, Johnson & Johnson shares slipped by 1% despite raising their guidance. Meanwhile, United Airlines was poised for a more positive opening following the release of its results.