US stock futures steady after tech rout as new tariffs take effect

MacroPrice Action Impact 4

โดย Dow Jones·Read original

Summary · why it matters

US stock futures edged higher on Friday as markets assessed new global tariffs and a sharp tech sell-off. Dow futures rose roughly 0.4%, S&P 500 futures added 0.2%, and Nasdaq-100 futures hovered near flat after the Magnificent Seven stocks collectively shed nearly $800 billion in market value on Thursday. The sell-off was sparked by ballooning AI spending at Alphabet and Tesla, and spread to Asian markets with declines in South Korea's KOSPI and Japan's Nikkei. Overnight, President Trump's new Section 301 tariffs on nearly all US imports took effect, levying rates of 10% to 12.5% on top trading partners, though some energy products were exempted. Oil prices fell, with Brent crude trading below $99 after touching $100 per barrel, while economic data due includes S&P Global flash PMIs and new home sales, and earnings are expected from American Express, NextEra Energy, and Verizon Communications.