US stock futures, including those for the Dow Jones, experienced volatility on Thursday, fluctuating between gains and losses. Market sentiment was impacted by developments in US-China trade relations and mixed earnings reports from major technology companies. Investors also digested the Federal Reserve’s recent interest rate decision and forward guidance.
- US stock futures shifted between gains and losses.
- President Trump agreed to cut fentanyl tariffs on China by half to 10%.
- Beijing pledged to pause rare earth export restrictions for one year.
- China pledged to resume soybean purchases immediately.
The described conditions suggest a market grappling with competing forces. Positive developments on the trade front are offset by concerns related to specific companies’ financial performance and the broader economic outlook as signaled by the Federal Reserve. This environment creates uncertainty for investors and could lead to continued volatility in the near term.