Markets brace for Liberation Day- S+P 500 futures slightly in the red just now

Surely the most nervously anticipated event of the year for the financial markets will now soon be upon us. That is the unveiling of the Trump trade tariff measures set for later today, in an event that he has termed Liberation Day. As to whom exactly that will liberate remains highly debatable. Ahead of this it has certainly liberated some volatility across the markets and there can be no denying that. So, Trump is expected to spout off all these measures at 8pm GMT and Quick News will be on hand to cover that. As to how the markets will react is surely down to the detail and extent of what is unveiled and on whom. The US stock markets will just have closed when this all happens, assuming it is on time. So, that brings the price action across the US futures into the fore. The broadest measure on that is the S+P 500 and that managed to forge out a higher close last night, when it rebounded from a session low at 5,558.52. The high seen was set at 5,650.57 and the index later closed 21.22 points higher, at 5,633.07. That marked a second day of closing gains for the S+P 500 and even if it extends that to a third day later on, it might not count for much after the closing bell. Right now the index is priced to open a little lower later this afternoon and once again we should expect more price swings ahead of the close tonight. The S+P 500 is right now priced to reopen around 5,618