Stock market today: Dow, S&P 500, Nasdaq futures slip with Trump's economic agenda in flux

US stock futures drifted lower as Wall Street faced a new wave of uncertainty around President Trump’s economic agenda.

Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) fell 0.2%.

On Thursday, stocks crept higher despite Trump hinting at steps he might take to advance his economic agenda that could rattle markets. The president floated hiking auto tariffs just a day after he said he would impose unilateral tariff rates on countries within two weeks. Separately, he reiterated his call for a jumbo rate cut from the Federal Reserve, adding that he “may have to force something” amid easing inflation.

Read more: The latest on Trump’s tariffs

Overall, stocks have edged up this week as a trade deal between China and the US as well as unexpected signs of softening inflation boosted investor sentiment.

On Friday, Wall Street will get insight into how consumers are faring amid tariff uncertainty with the latest University of Michigan survey.

Next week, Wall Street’s attention will shift to the Fed with policymakers set to issue their next decision on interest rates on Wednesday. Analysts expect the central bank to hold rates steady.