US Stock Futures Mixed Ahead of Economic Data
Major US stock futures diverged early Friday following a decline in the major indexes after a weak earnings outlook from Walmart (WMT).
* S&P 500 (ES=F) futures edged up 0.1%.
* Nasdaq 100 futures (NQ=F) rose 0.3%.
* Dow Jones Industrial Average futures (YM=F) fell 0.3%.
The S&P 500 and Nasdaq are on track for weekly gains, while the Dow faces a loss.
Retailers Impacted by Tariffs
President Trump's tariffs continue to impact retailers and consumers. Walmart's warning on its 2025 outlook triggered a market downturn, citing tariff uncertainty. The CFO indicated that price hikes may be passed on to consumers.
Economic Data and Earnings
Friday's economic calendar is light, with existing home sales and consumer sentiment data due. No major earnings releases are expected. Individual movers include Celsius Holdings (CELH), which jumped 30% after acquiring Alani Nutrition.
Market Drivers
* Walmart's earnings outlook
* Tariff uncertainty
* Economic data releases
* Consumer sentiment
* Individual stock movements