Investors are digesting Trump's stiff tariffs on imports from more than a dozen countries and delayed the return of sweeping April levies.

Follow all the latest U.S. market action for Tuesday here to see if stocks can rally back to fresh highs after the latest tariff wobble.

Futures on Wall Street are extending losses after benchmark indices witnessed selling pressure at the start of the new trading week. The Dow futures are currently down 110 points, while those on the S&P 500 and Nasdaq are down 15 and 25 points respectively.