Stock market today: Dow, S&P 500, Nasdaq futures trade flat on renewed hopes of trade talks

Thu, May 8, 2025, 4:27 PM 1 min read

US banal futures traded level arsenic Wall Street digested the latest signs President Trump's commercialized warfare could beryllium entering a much conciliatory phase.

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

On Thursday, stocks rose for a 2nd consecutive day aft Trump announced a commercialized woody with the UK, his archetypal since imposing sweeping tariffs connected US commercialized partners past month.

Read more: The latest connected Trump's tariffs

"You amended spell retired and bargain banal now," Trump said, pointing to the imaginable of much commercialized negotiations arsenic good arsenic a taxation bill making its mode done Congress.

The president besides maintained an optimistic tone astir upcoming commercialized talks with China, saying they would beryllium "substantive." "It's coming down," helium added of the 145% tariff connected Chinese imports.

Although Wall Street's spirits were lifted by the UK woody and Trump's comments connected China, markets proceed to beryllium whipsawed by his vacillating stance connected trade, and this week was nary exception.

On Monday, stocks retreated from a historical tally of gains aft Trump threatened new tariffs connected foreign-shot movies and said helium had nary plans to talk with Chinese President Xi. The descent deepened connected Tuesday.

With US-China talks acceptable to statesman this weekend, the lone wide certainty for adjacent week is that immoderate signs of advancement — or a deficiency thereof — volition power marketplace sentiment.