US stock futures held steady after Google parent Alphabet (GOOG, GOOGL) reported strong earnings results, and Wall Street saw its third day of gains on renewed hope of trade deals.
Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) ticked up 0.4%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) rose 0.5%.
As of 9:04:00 PM EDT. Market Open.
YM=F ES=F NQ=F
On Thursday, Alphabet stock rose after the company beat on earnings and announced a dividend hike and a $70 billion stock buyback. The Google parent is the first Big Tech company to report earnings since Trump’s tariffs went into effect this month.
Earlier in the day, stocks rallied as investors dialed in on Trump’s optimistic tone on trade negotiations. Treasury Secretary Scott Bessent said that a deal with South Korea could come sooner than expected, while Trump touted progress on negotiations with India.
Read more: The latest on Trump’s tariffs
Positive developments on trade with China, however, remained elusive. Although the president had said talks with the country were underway, China denied the existence of negotiations and demanded the US lifts tariffs on the country.
On Friday, investors will get a pulse on consumer sentiment with the latest release of the University of Michigan consumer survey. Consumer sentiment has been sliding as inflation expectations tick up amid Trump’s trade war.
Coming soon
Stock market coverage for Friday, April 25, 2025.
