Dow, Trump and futures
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US stock futures lower
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Stock futures were little changed on Thursday night as investors continue to navigate a volatile global trade landscape. Futures tied to the Dow Jones Industrial Average pulled back 67 points, or 0.1%. S&P 500 futures fell 0.2%, while Nasdaq-100 futures declined 0.3%.
Stock index futures were little changed on Friday as investors awaited any more news related to President Trump's tariffs and also looked forward to key inflation data.
Surprise court ruling striking down most of President Trump's tariffs on imports could bolster stocks, according to Wall Street analysts.
S&P 500 futures are down 0.1% Dow Jones Industrial Average futures are down 0.08% Nasdaq-100 futures are down 0.2% On Thursday, the S&P 500 closed up 23.62 points, or 0.4%, to 5912, the Dow Jones Industrial Average rose 117.
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U.S. stocks looked set to slip over the final trading session of May, with investors still uncertain about whether President Donald Trump will end up getting his way as he bids to reshape global trade.
Stock futures gained Thursday after a federal court ruled that President Donald Trump overstepped his authority to impose sweeping tariffs, throwing into chaos the administration’s core trade policy that has threatened to raise prices for businesses and slow the economy.
U.S. stock futures shot higher late Wednesday after a federal trade court ruled that President Donald Trump exceeded his authority in imposing a sweeping raft of global tariffs.
The dollar gained slightly but remains at weaker levels with the DXY dollar index trading below the key 100 level amid heightened uncertainty over U.S. tariffs.
Stock futures dipped slightly early Friday as investors held back ahead of the release of the Fed’s key inflation metric, the PCE report, while global trade ten
In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. M&G added 7.5% and Fastighets Balder B rose 4.2%. On the other hand, LPP slipped 7.3%, and Sanofi lost 4.9%. The FTSE 100 added 0.4%. Other stocks in Europe were mixed as France's CAC 40 decreased 0.2% and Germany's DAX climbed 0.3%.