Trump, Apple and Dow Jones Industrial Average
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US stock futures were at a standstill as Wall Street looked forward to wrapping up a week marked by growing doubts about the economy's health under Trump's trade and tax agendas.
U.S. stock index futures turned lower on Friday as shares of Apple dropped after U.S. President Donald Trump said the company would have to pay a 25% tariff if phones sold in the country are not made within its borders.
Trump’s tariffs and the trade war continue to impact global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The Dow, S&P 500 and Nasdaq Composite were all set to open higher. Bitcoin slipped back from its record high and Treasury yields edged lower.
The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.
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Stock index futures were muted on Friday, while yields were flat, as focus remained on the country's fiscal situation ahead of the long weekend.
At least seven Fed officials including St. Louis Fed President Alberto Musalem are expected to speak later in the day. "The hawks are expected to support the current 'wait-and-see' approach, with the doves most likely highlighting the recent soft inflation report and the lingering uncertainty from tariffs,
How are stock-index futures trading? S&P 500 futures are up 0.17% Dow Jones Industrial Average futures are up 0.18% Nasdaq-100 futures are rising 0.11% On Thursday, the S&P 500 Index slipped 2.60 points,