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Dow Jones Futures Fall As Trump, Xi Reach Trade Truce; Microsoft, Meta, Google Step Up Capital Spending
Microsoft, Meta and Google were big earnings movers late after Fed chief Powell's hawkish comments. The Trump-Xi meeting with key agreements.
Stock futures pointed lower Thursday after President Donald Trump and Chinese leader Xi Jinping met and investors digested a warning from Federal Reserve Chair Jerome Powell and several big tech earnings reports,
Fed policy and MAG7 earnings dominated market focus as Dow Jones and Nasdaq 100 futures traded mixed, holding key support after record highs Tuesday.
Stock futures showed little movement Monday evening after a major rally in US indexes earlier. The S&P 500 closed above 6,800 for the first time, marking its 35th record close this year. The Dow and Nasdaq also reached all-time highs.
U.S. stock futures were swinging on Tuesday following Monday’s positive moves. Futures of major benchmark indices were mixed.
Stock futures were falling on Thursday, as investors tried to make sense of a mixed bag of Big Tech earnings, the latest Federal Reserve policy decision, and a meeting between President Donald Trump a
S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are down 0.1%. Nasdaq 100 futures are up 0.2%. On Wednesday, the Dow Jones Industrial Average fell 334 points, or 0.71%, to 46,590, the S&P 500 lost 36 points,
Yen intervention fears weigh on sentiment as US futures steady in Asia. Traders eye Fed rate cuts, US-China talks, and earnings for market direction.