Stock market today: Dow, S&P 500, Nasdaq futures slip with Trump's economic agenda in flux
US stock futures drifted lower as Wall Street faced a new wave of uncertainty around President Trump's economic agenda.
Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) fell 0.2%.
On Thursday, stocks crept higher despite Trump hinting at steps he might take to advance his economic agenda that could rattle markets. The president floated hiking auto tariffs just a day after he said he would impose unilateral tariff rates on countries within two weeks. Separately, he reiterated his call for a jumbo rate cut from the Federal Reserve, adding that he "may have to force something" amid easing inflation.
Read more: The latest on Trump's tariffs
Overall, stocks have edged up this week as a trade deal between China and the US as well as unexpected signs of softening inflation boosted investor sentiment.
On Friday, Wall Street will get insight into how consumers are faring amid tariff uncertainty with the latest University of Michigan survey.
Next week, Wall Street's attention will shift to the Fed with policymakers set to issue their next decision on interest rates on Wednesday. Analysts expect the central bank to hold rates steady.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
E&E News
7 minutes ago
- E&E News
White House reviewing NEPA plans across agencies
The White House is reviewing proposed rules from a host of federal agencies that would dictate how the government implements the National Environmental Policy Act, the nation's magna carta of environmental laws. The Office of Management and Budget received proposed interim final rules from agencies including the departments of Energy, Interior and Defense, and one final rule from the Federal Energy Regulatory Commission for NEPA 'implementing procedures,' according to the Office of Information and Regulatory Affairs dashboard. The reviews mark another step in the Trump administration's bid to overhaul how the federal government conducts environmental reviews at a quick pace, a move that's drawing criticism from environmental groups. Advertisement In February, the Trump White House scrapped decades' worth of rules at the Council on Environmental Quality that governed how agencies conduct reviews under NEPA for power plants, pipelines and other energy projects. In its place, the administration offered up voluntary guidance that legal experts noted was light on details.
Yahoo
8 minutes ago
- Yahoo
Why Are Palantir (PLTR) Shares Jumping Today
June 13 - Defense stocks, including Palantir Technologies (NASDAQ:PLTR), climbed on Friday after Israel launched missile strikes on Iranian nuclear sites, missile facilities and senior military targets, stoking concerns of a broader Middle East clash. PLTR is 3% up on Friday afternoon trading as the defense sector drew investor interest amid escalating geopolitical tensions. Israeli Prime Minister Benjamin Netanyahu indicated further operations may follow as the country seeks to disrupt Iran's nuclear capabilities, while former President Trump urged Tehran to embrace a U.S.-brokered nuclear deal before it is too late. The unfolding military and intelligence action raised the specter of all-out war and intensified regional volatility. Investors moved toward safety, monitoring developments that could weigh on global markets and risk appetite. Oil futures surged about 13% on fears of supply disruptions, reflecting the heightened tension. Energy shares saw gains as traders assessed possible impacts on crude flows through key chokepoints. Market participants noted that defense-related stocks may attract attention if governments boost spending amid rising security risks. Observers will watch statements from officials and any shifts in diplomatic efforts. The situation remains fluid, with investors bracing for updates on potential retaliation and wider geopolitical fallout. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 minutes ago
- Yahoo
Realty Income Announces 131st Consecutive Monthly Dividend Increase
Realty Income Corporation (NYSE:O) is one of the best stocks for a . On June 10, the company announced a slight increase in its monthly cash dividend on common stock, raising it from $0.2685 to $0.2690 per share. This dividend will be paid on July 15, 2025, to shareholders of record as of July 1, 2025. The adjustment brings the annualized dividend to $3.228 per share, up from $3.222. Sumit Roy, Realty Income Corporation (NYSE:O)'s President and Chief Executive Officer, made the following comment: "The quality and diversification of Realty Income's portfolio allows us to provide investors reliable monthly dividends that increase over time. I'm pleased to share that today's declaration marks the 131st dividend increase since our NYSE listing 30 years ago. During times of market uncertainty, Realty Income remains committed to delivering investors predictable income streams." A member of the S&P index and the S&P Dividend Aristocrats index, Realty Income Corporation (NYSE:O) was founded in 1969 and owns a diversified portfolio of over 15,600 commercial properties across all 50 US states, the U.K., and six additional European countries as of March 31, 2025. The company is recognized for its consistent monthly dividends, having declared 660 in a row, with annual increases for the past 30 years. While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
