Stock futures rise after Dow posts a loss in Thursday’s trading: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on August 05, 2025 in New York City.
Michael M. Santiago | Getty Images News | Getty Images
U.S. stock futures ticked higher early Friday after the Dow Jones Industrial Average logged its second losing day in the past three.
Futures tied to the blue-chip index rose 105 points, or 0.24%. S&P 500 futures and Nasdaq 100 futures climbed 0.31% and 0.34% respectively.
In Thursday’s regular trading, the 30-stock Dow closed down about 224 points, or 0.5%, while the S&P 500 ended the session off 0.08%. The Nasdaq Composite outperformed and added nearly 0.4%. The blue-chip Dow saw some sharp swings during the day, up 305 points at its high and down nearly 394 points at its low.
President Donald Trump’s “reciprocal” tariffs took effect at midnight on Thursday, with some of the steepest duties including Syria’s 41% and the 40% rate facing Laos and Myanmar.
Stocks initially rose Thursday morning after Trump announced a day earlier that his 100% tariff on imported semiconductor chips would not affect companies that are “building in the United States.”
Going forward, the main area of focus for investors continues to be watching Trump’s trade policies play out, said Thomas Martin, senior portfolio manager at Globalt Investments.
“There’s less turbulence with tariffs, but there’s still plenty of turbulence. There’s still plenty of questions out there as to how they’re going to affect companies’ decision making, supply chains, costs, margins, pricing, how it’s going to affect consumers and whatnot,” Martin told CNBC. “So I think there’s still a lot of a lot of uncertainty associated with the tariffs. It’s still the most important thing, at this point, that just has to be worked out.”
On Thursday afternoon, the president announced that he has selected Stephen Miran, chair of the Council of Economic Advisors, as his pick to replace Adriana Kugler on the Federal Reserve Board of Governors. Miran will serve out the rest of Kugler’s term, which expires in January, following her resignation last Friday.
The major averages are on pace for weekly gains, with the S&P 500 up 1.6% and the Dow on pace for a 0.9% advance. The Nasdaq is poised for a 2.9% climb.
On Friday, traders will watch for earnings from Under Armour, AMC Networks and Wendy’s.
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