U.S. stock futures were down ahead of Thursday’s session after the S&P 500 (SPX) and the Dow Jones Industrial Average (DJIA) ended three-day winning streaks earlier in the day. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average, and the S&P 500 Index were down 0.28%, 0.18%, and 0.15%, respectively, at 12:35 a.m. EDT on January 8.
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In yesterday’s trading session, the S&P 500 slipped around 0.3%, while the Dow dropped 466 points, or nearly 0.9%. In contrast, the Nasdaq Composite edged up almost 0.2%, helped by a 2.4% jump in Alphabet (GOOGL) shares, which pushed the company’s market value above Apple’s (AAPL) for the first time since 2019.
Looking ahead, investors are focused on a Supreme Court decision expected Friday on the legality of tariffs imposed by President Donald Trump.
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