FX.co ★ US Futures Point to Lower Open

On Friday, US stock futures experienced a decline, with S&P 500 and Nasdaq 100 contracts each dropping by 0.3%. Meanwhile, Dow Jones futures decreased by nearly 180 points, breaking a three-day streak of gains. This downturn occurred due to mixed and unclear trade signals, alongside the analysis of a new set of corporate earnings by investors. Reports indicated that China might be contemplating the suspension of its 125% tariff on specific U.S. imports, although Chinese authorities confirmed no ongoing tariff negotiations. At the same time, President Trump mentioned that his administration was engaged in discussions with Beijing. In the corporate arena, Intel shares plummeted over 7% in premarket trading following a disappointing outlook. Similarly, T-Mobile saw a decline of over 5% after revealing lower-than-expected growth in postpaid phone subscribers. On a more positive note, Alphabet experienced a rise of approximately 4% after surpassing earnings expectations. For the complete week, the S&P 500 has increased by 3.8%, the Nasdaq by 5.4%, and the Dow by 2%.