US Stock Futures Retreat on Tariff and Inflation Concerns, Ahead of Retail Data

US stock futures declined on Friday as investors assessed a flurry of tariff hikes and inflation updates this week, with retail sales data and earnings reports due later in the day.

Futures Slide

* Dow Jones Industrial Average futures (YM=F) fell approximately 0.3%.
* S&P 500 futures (ES=F) edged down 0.2%.
* Nasdaq 100 futures (NQ=F) dipped 0.2% after Thursday's sharp gains.

Market Pause

Markets paused to consider President Donald Trump's recent policy shifts, including tariffs on steel and aluminum, Ukraine peace talks, and a review of CHIPS Act funding. Despite the volatility, stocks remain on track for solid weekly gains after Thursday's rally on news of delayed reciprocal tariffs.

Consumer Data

Friday's retail sales report will provide insights into consumer spending amid persistent inflation. Inflation remains a key concern for Wall Street following this week's strong inflation reports, which have dampened expectations for interest rate cuts.

Stock Movers

* Airbnb (ABNB) shares surged after the company exceeded analyst expectations with its fourth-quarter report.
* GameStop (GME) shares rose amid speculation about the company's potential investment in Bitcoin.
* Moderna (MRNA) shares declined after the company reported a larger-than-expected earnings loss.

Industry News

* Bloomberg News reports that Tesla (TSLA) has lost a quarter of its value in less than two months.
* Reuters reports that the Trump administration is considering renegotiating funding terms for some CHIPS Act projects.
* Yahoo Finance's Brian Sozzi discusses analyst reactions to Coinbase's (COIN) mixed earnings report.
* Bloomberg reports that Chinese President Xi has invited Alibaba's (BABA) Jack Ma to meet with top Chinese leaders, signaling a shift in the country's approach to its tech sector.

After-Hours Movers

* Airbnb (ABNB) shares soared over 14% on stronger-than-expected earnings.
* GameStop (GME) shares gained nearly 10% on cryptocurrency rumors.
* Sony Group (SONY) stock jumped 11% in Tokyo on a raised operating profit forecast and strong gaming performance.