Julie Morgan

The FTSE 100 is down 0.2% and the DAX is little changed.

The markets in China and Japan are open again following the holiday.

Veer Biotechnology is on our list of the biggest movers of the day pre-market.

VIR is up 58% after announcing a partnership with Astellas Pharma to develop and commercialize a drug for prostate cancer.

And on today's economic calendar at 9 a.m.

the FHFA House Price Index and at 10 a.m.

Consumer Confidence.

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to be back with you on this Monday, February 23rd.

I'm Julie Morgan.

Markets are on edge on this Monday with stock futures falling after President Trump's latest tariff announcement.

As of the time of this recording, Dow futures are down 0.25%, S&P 500 futures edge lower by 0.22%, while Nasdaq 100 futures are down 0.35%.

U.S.

Customs and Border Protection said tariffs imposed under IEPA, the International Emergency Economic Powers Act, will no longer be collected starting Tuesday.

Trump on Saturday said he will increase the global tariff level he announced on Friday to 15 percent from 10 percent after the Supreme Court struck down most of the tariffs he imposed last year.

Top gainers in pre-market trading include Eli Lilly up 2.3 percent,

Revity up 2%, and Corning up 1.9%.

Decliners include Smurfit Westrock down 6.5%, and Packaging Corporation of America down 5.6%.

We'll take a closer look at the biggest movers list in just a few minutes.

The ongoing shutdown of the U.S.