Dow should drop 100 points as investors worry about global trade

Spencer Platt | Getty Images News | Getty Images

A trader on the floor of the New York Stock Exchange the next morning of the Dow Jones Industrial Average lost more than 1,000 points on February 9, 2018.

Last Friday, President Donald Trump said he was ready to hit China with $ 267 billion in additional tariffs.

The US administration had already announced that it would impose tariffs of $ 200 billion on Chinese products. As a result, investors will remain aware of this issue to see if other developments are emerging.

China should soon ask the World Trade Organization for permission to impose sanctions on the United States, according to an agenda, Reuters reported. The reason for this is Washington's non-compliance with a ruling in a dispute over US dumping rights that China introduced in 2013.

Boeing shares, considered an indicator for world trade, fell 0.6% before the bell. Caterpillar also fell 0.7%.

Futures contracts also fell as technology moved into another decline. Shares of Facebook, Amazon, Netflix and Tesla have all fallen into the market. Tesla shares fell 2% after a Nomura analyst called the caption "no longer able to invest".

In addition, North Korea returned to the agenda after Trump received what the White House called a "very warm and very positive letter" from Kim Jong Un, who called for a follow-up meeting with the American president. The two leaders met in Singapore in June to discuss denuclearization and the future of relations between the two countries.

In the data, investors will pay close attention to surveys of job offers and job rotation (JOLTS), as a result of non-farm payrolls from last week . JOLTS must be out at 10 am ET.

Foreign, Asian markets were mostly mixed, while stocks in Europe were under pressure at the beginning of trading.

Major gains or speeches by the US Federal Reserve are not expected on Tuesday.