US Stock Futures Edge Higher After Walmart Outlook Jitters
US stock futures inched up slightly after the major indexes closed lower on Thursday, following disappointing earnings from retail giant Walmart.
* S&P 500 (ES=F) futures climbed 0.03%
* Nasdaq 100 (NQ=F) futures rose 0.14%
* Dow futures (YM=F) gained 0.10%
Walmart's Tariffs Concerns
Walmart's warning about uncertainty surrounding President Trump's tariffs has sparked market concerns. The company's CFO indicated price increases for electronics and general merchandise may be passed on to consumers if tariffs impact its bottom line.
Economic Data and Earnings
Friday's economic calendar is light, with only existing home sales and consumer sentiment data expected. In individual movers, Celsius Holdings (CELH) surged over 35% after-hours following its acquisition announcement. Dropbox (DBX) declined 6% due to slowed customer growth.
Meta Employee Equity Cuts
Meta continues to make headlines with its record-breaking stock gains. The tech giant is reportedly cutting equity awards for most employees by around 10% for 2025.