Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 24, 2025. <\/p>\n
Brendan McDermid | Reuters<\/p>\n
Stock futures were lower on Friday following a three-day winning streak on Wall Street as investors weigh earnings from a major tech company and lingering trade fears.<\/p>\n
Futures linked to the S&P 500 were 0.2% lower, while Nasdaq-100 futures<\/a> slipped 0.3. Futures tied to the Dow Jones Industrial Average<\/a> dipped 171 points, or 0.4%.<\/p>\n Stock futures turned lower after comments from President Donald Trump were published by Time magazine. The president said he would consider it a “total victory” if the U.S. has high tariffs of 20% to 50% on foreign countries a year from now. Trump also denied that rising yields forced his hand in granting a 90-day pause on most of the higher tariff rates.<\/p>\n “The bond market was getting the yips, but I wasn’t,” said Trump in the interview from Tuesday that was published Friday.<\/p>\n The moves come after what has been a solid weekly performance for the market. The S&P 500 and Nasdaq are up 3.8% and 5.4% this week, respectively. The Dow has climbed 2%.<\/p>\n But stocks have been in a wide trading range following the initial shock of President Donald Trump’s “reciprocal” tariffs announcement on April 2 as investors await clarity on negotiations with key trading partners such as China. That country revealed Thursday that there were no ongoing discussions on tariffs<\/a>.<\/p>\n That followed the White House signaling earlier this week that it may ease its stance on China tariffs, which sit at a total of 145% on imports from the country. On Tuesday, Trump said that the tariff rate will “come down substantially. But it won’t be zero.<\/a>“<\/p>\n “I think that really all the market needed was just a little spark to kind of move it off some of these depressed levels, and I think that’s what we’re seeing,” said Anthony Saglimbene, chief market strategist at Ameriprise. “I think we’re still in for a period of choppiness around stock trading, and I think heading into next week, it’s really going to be the big tech earnings that are going to really influence where the major averages go.”<\/p>\n Investors also kept an eye on corporate earnings.<\/p>\n Alphabet<\/a> jumped about 5% after the Google-parent and “Magnificent Seven” name reported a beat on the top and the bottom line for the first quarter. By contrast, Intel<\/a> fell more than 7% after offering disappointing guidance<\/a> and revealing that it plans to slash operational and capital expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April…\n","protected":false},"author":2,"featured_media":49216,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[25897,15252,26632,4959,51,3085,1395,26633,32,7996,7989,24840,2441,7995,3742,7994,3741,1831,16,15,49],"class_list":{"0":"post-49215","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-abbvie-inc","9":"tag-alphabet-inc","10":"tag-autonation-inc","11":"tag-breaking-news-markets","12":"tag-business","13":"tag-business-news","14":"tag-china","15":"tag-colgate-palmolive-co","16":"tag-donald-trump","17":"tag-dow-jones-fut-mar23","18":"tag-dow-jones-industrial-average","19":"tag-intel-corp","20":"tag-markets","21":"tag-nasdaq-100-fut-mar23","22":"tag-nasdaq-composite","23":"tag-sp-500-fut-mar23","24":"tag-sp-500-index","25":"tag-stock-markets","26":"tag-uk","27":"tag-united-kingdom","28":"tag-united-states"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114398311549395876","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/49215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=49215"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/49215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/49216"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=49215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=49215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=49215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}