U.S. stock futures slipped on Thursday, following a turbulent session that ended consecutive rallies for major indices.
As of 4:43 P.M. (GMT+7), Dow Jones Industrial Average futures ticked down by 0.27%, or 134.00 points, to 48,862.20 points, while S&P 500 futures dipped by 0.22%, or 15.30 points, to 6,905.70 points. Nasdaq 100 futures also retreated by 0.31%, or 79.00 points, to 25,574.90 points after sharper losses earlier.
On Wednesday, the S&P 500 and Dow both finished in negative territory, despite logging fresh intraday records. In contrast, the Nasdaq Composite managed a modest uptick, outperforming other major benchmarks.
Investor focus has sharpened in a week punctuated by persistent geopolitical risks. Market sentiment has generally held firm, though concerns are rising over the possibility that escalating global tensions could ultimately weigh down resilience as the year progresses.
Volatility was further reflected in energy markets, with oil prices extending their downward trend. This followed comments from President Donald Trump indicating Venezuela will cede up to 50 million barrels of crude oil to the United States. Moreover, the U.S. energy secretary stated that the U.S. would oversee Venezuela’s oil output “indefinitely going forward.”
Headline risks remain top of mind, with investors closely watching for a crucial Supreme Court decision on tariffs imposed during Trump’s administration. The court is expected to issue opinions on Friday, providing the first legal response to these trade measures.
Also set for Friday is the much-anticipated December employment report, a key indicator of the nation’s economic trajectory and one of the larger economic inputs this week as government releases remain limited.
Meanwhile, CES 2026 continues to influence technology shares. Intel became the latest beneficiary, notching gains as artificial intelligence remained the dominant theme. Thursday’s agenda at the event features several U.S. senators discussing the year’s emerging legal and funding landscape for AI.
