Stock futures initially declined following President Donald Trump's announcement that new tariffs would take effect on August 1, rather than the previously expected date of July 9. This adjustment came after an earlier market sell-off triggered by tariff measures implemented on April 2, known as the Liberation Day tariffs, which had led to a 90-day pause in tariff enforcement. Despite the initial drop, futures rebounded in the days following as investors awaited further clarity on the tariff situation and anticipated additional tariff letters expected to be released on July 9. Market participants also focused on the upcoming Federal Open Market Committee (FOMC) minutes, which contributed to modest gains in US index futures. Key stocks mentioned in the context of these movements included Tesla, AMD, and Super Micro Computer.