Stock market today: Dow, S&P 500, Nasdaq futures hold steady as trade war worries ease

Tue, May 13, 2025, 4:31 PM 1 min read

US banal futures held dependable aft a beardown trading league connected Wall Street, wherever the S&P 500 erased its losses for 2025.

Futures attached to the Dow Jones Industrial Average (YM=F) roseate 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) flatlined.

On Tuesday, stocks mostly rose arsenic April's chill ostentation report and easing commercialized tensions lifted capitalist sentiment. Chipamaker Nvidia (NVDA) powered the tech-led rally, boosted by an upcoming chip regularisation overhaul and a caller partnership with Saudi Arabia.

Read more: The latest connected Trump's tariffs

Since President Trump announced a 90-day truce connected tariffs betwixt the US and China, Wall Street has seen a notable turnaround successful sentiment. Tuesday's ostentation report, which showed user prices roseate astatine their slowest gait since 2021 contempt commercialized whiplash successful April, offered an further consciousness of relief.

Trump again called connected the Federal Reserve to slash rates pursuing the caller report. "What is incorrect with Too Late Powell? Not just to America, which is acceptable to blossom? Just fto it each happen," the president said connected Truth Social.

However, April's ostentation study leaves the cardinal slope successful a wait-and-see stance connected complaint cuts, and experts pass it could beryllium the lawsuit that tariffs person simply not shown up yet successful the economical data.

Earnings season, meanwhile, continues to beryllium overshadowed by tariffs. American Eagle (AEO) became the latest institution to withdraw guidance owed to "macro uncertainty" connected Tuesday, sending its banal tumbling successful after-hours trading.

Companies acceptable to study net connected Wednesday see Sony (SONY), Coreweave (CRWV), and Cisco (CSCO).