US stock futures rose after another brutal day of trading on Wall Street ended with the S&P 500 (^GSPC) closing in correction territory.
Futures attached to the Dow Jones Industrial Average (YM=F) ticked up 0.4%. Futures attached to the benchmark S&P 500 (ES=F) rose 0.5%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) jumped 0.6%.
As of 8:14:05 PM EDT. Market Open.
YM=F ES=F NQ=F
President Donald Trump has continued his trade war at a breakneck pace this week, unmoved by falling markets. On Thursday, Trump said at a meeting with the NATO secretary general that he didn’t plan to “bend at all” in an escalating round of tit-for-tat tariffs with America’s biggest trading partners, recognizing there could be “a little disruption” ahead.
Read more: The latest on Trump’s tariff plans
The prospect of a government shutdown this weekend has also been looming large on Wall Street. But, on Thursday night, a breakthrough appeared to be on the horizon with Senate Minority Leader Chuck Schumer saying he would vote to advance a Republican stopgap spending bill to keep the government open.
On Friday, University of Michigan’s consumer sentiment survey will provide a snapshot of how consumers are faring with new tariffs amid stubborn inflation. Last month’s report showed a dimming outlook on the economy taking hold.
Coming soon
Stock market coverage for Thursday, March 14, 2025.