US Stock Futures Dip as Investors Process Busy Week
US stock futures declined slightly on Friday as investors assess the impact of recent tariff hikes and inflation data.
Market Outlook
* Dow Jones Industrial Average futures (YM=F) fell 0.2%.
* S&P 500 futures (ES=F) remained flat.
* Nasdaq 100 futures (NQ=F) slipped after Thursday's gains.
Key Factors
* Investors await retail sales data for insights into consumer spending amidst persistent inflation.
* The S&P 500 aims to break its all-time high after jumping on news of delayed tariff implementation.
Pre-Market Movers
* Airbnb (ABNB) surged on positive earnings.
* GameStop (GME) rose amid rumors of crypto investments.
* Moderna (MRNA) reports earnings later today.
Other Market News
* China invites Alibaba's Jack Ma to meet with top leaders, signaling a shift in Beijing's approach to private enterprise.
* JPMorgan CEO Jamie Dimon calls for regulatory simplification.
* Trump administration weighs changes to CHIPS Act investment terms.
* Tesla faces headwinds as bearish signals emerge.
* Coinbase earnings benefit from crypto market volatility.
* Apple reportedly plans to introduce AI features in China from May.
Trending After-Hours Stocks
* Airbnb (ABNB): Up over 14% on strong earnings.
* GameStop (GME): Up nearly 10% on crypto investment speculation.
* Palo Alto Networks (PANW): Down 5% despite positive revenue forecast.
* Sony Group (SONY): Up 11% in Tokyo after raising profit guidance and strong gaming division performance.