Stock Market Today: Dow Futures Slip
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U.S. stock futures are pointing lower to end the week; President Trump says Apple must pay a "Tariff of at least 25%" on iPhones not made in the U.S.; and Intuit stock surges on the TurboTax parent's strong results and lifted outlook.
US Stock market today opened with a cautious rise as Dow, S&P 500, and Nasdaq futures edged up while investors closely track Trumps new tax bill and rising debt worries. The proposed legislation, which could add trillions to the $36 trillion deficit,
Fears have grown that a new U.S. budget bill would put even more stress on the country’s already large deficit.
Stock futures moved lower Thursday after major indexes posted steep declines yesterday amid mounting concerns about the federal deficit as a budget bill works its way through Congress.
Stock futures turned higher on Thursday shortly before the opening bell as yields on 10-year and 30-year Treasurys eased off their highs of the session. Only Dow futures remained in the red in recent trading.
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On Wall Street, stock futures were little changed as investors continued to monitor elevated U.S. Treasury yields.
Oil futures settle lower for a second straight session after a rally on a report that Israel may be preparing to attack Iran's nuclear facilities fizzled out. Market focus turned to fundamentals as the EIA reported a second straight weekly build in U.
Futures on Wall Street are looking to advance after China cited progress in trade talks with the US, stating that both sides will continue communicating. The Dow futures are up 30 points, S&P 500 futures are at the flat line,