FX.co ★ US Futures Trade Mostly Higher

On Thursday, the final trading day of the week, US stock futures appeared mostly positive, offering a slight recovery from the substantial declines experienced in the previous session. Investors continued to evaluate crucial corporate earnings and the ongoing uncertainties surrounding President Trump's tariff policies. Both the S&P 500 and Nasdaq 100 were poised for stronger openings. Taiwan Semiconductor Manufacturing Company (TSMC) experienced a 3% increase, buoyed by optimistic guidance that provided some relief to the broader chip sector. This followed a period of significant losses triggered by Trump's export restrictions on Nvidia and disappointing earnings from ASML. In trade updates, potential tariffs on copper, semiconductors, pharmaceuticals, and lumber have yet to be confirmed by the White House, though sources suggest that negotiations with Japan could be on the horizon. Market apprehensions were further aggravated by President Trump's criticism of Federal Reserve Chair Jerome Powell, who had previously cautioned that tariffs might hinder economic growth and exacerbate inflation. Conversely, UnitedHealth's futures plummeted by 20% after releasing their financial results, consequently dragging the Dow Jones Industrial Average down by 1%.