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Stocks react to tariffs, Trump's comments, ADP data: 3 Things

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US stock futures (ES=F, NQ=F, YM=F) hover just above the flatline Wednesday morning as markets digest commentary from the US Secretary of Commerce, Howard Lutnick.

In his address to the joint Congress session Tuesday night, President Trump warned of "a little discomfort" ahead tied to his tariff policies and coming reciprocal tariffs.

ADP reported that private payrolls for the month of February came out significantly below estimates, ahead of the latest US jobs report due out this Friday.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.