U.S. stock futures were slightly up on Thursday in a caution movement following the first consecutive declines for the major indexes this year, underscoring persistent investor wariness.
As of 4:25 P.M. (GMT+7), Dow Jones Industrial Average futures ticked up by 0.07%, or 33.30 points, to 49,183.10 points, while S&P 500 futures added by 0.32%, or 22.20 points, to 6,949.20 points. Nasdaq 100 futures also edged up by 0.65%, or 165.60 points, to 25,631.50 points, signaling some resilience among technology shares after recent volatility.
Wednesday’s session was marked by a broad selloff in technology stocks, which weighed heavily on overall market performance. The S&P 500 retreated 0.5%, while the Nasdaq Composite shed 1%. All three major benchmarks now marked two straight days of declines, the first instance this year.
Nvidia, which has been a prominent beneficiary of investor enthusiasm for artificial intelligence, saw its shares dip even as U.S. officials approved the company’s exports of chips to China. Sentiment was dented by reports of a new 25% tariff on certain semiconductor imports. Meanwhile, the Supreme Court delayed any rulings on the legal grounds for tariffs for the second consecutive day.
Attention now turns to upcoming corporate earnings reports from Goldman Sachs, Morgan Stanley, and BlackRock. Investors are also awaiting the latest update on weekly unemployment claims for further clues on labor market trends.
Geopolitical tensions remain a key driver for sentiment, with Trump administration officials holding talks on Wednesday with Danish and Greenlandic leaders. The discussions failed to resolve a “fundamental disagreement” over Greenland’s status, a Danish official said, as President Donald Trump continues efforts to bring the autonomous territory under U.S. control.
Adding to market jitters, President Trump intensified his criticism of Federal Reserve Chair Jerome Powell this week. Market watchers are closely monitoring developments as questions regarding the central bank’s independence mount, particularly after Powell acknowledged that the Justice Department has launched a criminal probe involving the Fed chair.
