Stock market futures jump
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Stock-index futures remained lower, with S&P 500, Dow and Nasdaq-100 contracts down around 0.4%, after the Federal Reserve's preferred inflation gauge proved in line with expectations. The personal-consumption expenditures,
Stock futures were little changed on Thursday, as investors await more clarity on U.S. trade policy. Futures tied to the Dow Jones Industrial Average pulled back 38 points, or 0.09%. S&P 500 futures slipped 0.1%, alongside Nasdaq 100 futures.
Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.
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.
Futures for Canada's main stock index were subdued on Friday ahead of domestic GDP data, as investors assessed a U.S. appeals court's decision to undo a prior ruling that had blocked most of President Donald Trump's tariffs.
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US stocks end little changed after Trump says China violated tariff terms. Administration maps new curbs. Investors shrug off cooler inflation data.
US stock futures edged lower as Wall Street absorbed a fresh wave of tariff uncertainty after a federal appeals court reinstated President Trump's global tariffs.