US stock futures take major blow: Dow, S&P 500, Nasdaq tumble as China chip war escalates, Target misses earnings, Trump tariffs rattle retail, and possible Israeli strike on Iran fuels global market jitters

US stock market today saw a sharp dip in futures as rising US-China chip tensions and disappointing Target earnings triggered fresh market anxiety. With Dow futures down 0.8% and S&P 500 futures falling 0.6%, investors are growing uneasy over renewed tech trade disputes and fallout from Trump’s tariffs. Target’s weak quarterly performance added to the concerns, as it refused to say if it would raise prices. Meanwhile, rising oil prices, debt fears, and uncertainty over Trump's tax bill added more weight. This unfolding mix of global trade tension and domestic economic issues is pulling the markets into a volatile spin.