FX.co ★ US Futures Dip Ahead of Consumer Sentiment Report

U.S. stock futures saw a slight decline on Friday as investors awaited June's consumer sentiment data from the University of Michigan, anticipated to provide insights into the impact of changing trade policies on household confidence. On Thursday, the Dow and Nasdaq Composite each increased by 0.24%, while the S&P 500 rose by 0.38%. All three major indices are poised to close the week on a positive note. Earlier this week, both consumer and producer inflation figures fell short of expectations, bolstering the belief that the Federal Reserve may implement further interest rate cuts as the year progresses. Additionally, President Donald Trump stirred market unease by threatening to impose unilateral tariffs to coerce other nations into trade agreements. Conversely, Treasury Secretary Bessent hinted at a possible extension of the current 90-day halt on new tariffs. In corporate developments, RH shares surged by 20% in after-hours trading following the release of stronger-than-anticipated earnings.