EconomyStocks Rise Ahead of More Data; US Hits China With 100% Tariffs on Drones

US equity futures fluctuate after stocks reached a new record, with retail sales and consumer sentiment data ahead. Oil rises as Treasury Secretary Scott Bessent says the US will announce unprecedented measures for Iran’s “economic isolation” next week. The Trump administration also imposes tariffs of up to 100% on imported drones and components, deepening the supply-chain split with China. OpenAI is reportedly on track for annualized revenue above $40 billion.