Dow, S&P 500, Nasdaq futures flutter up amid Trump tariff moves

US futures fluttered as President Donald Trump moved to fulfill his promise to impose reciprocal tariffs on US trading partners.

Futures attached to the Dow (YM=F) climbed 0.1%. The S&P 500 (ES=F) e-mini futures fluttered 0.1%, while Nasdaq (NQ=F) futures rose 0.1%.

Trump signed his plan for reciprocal tariffs on Thursday but delayed their implementation until April to allow his administration to negotiate on a one-by-one basis with countries that could be impacted. The latest action comes after the president imposed new 25% tariffs on steel and aluminum earlier this week.

Rising inflation remains top of mind for Wall Street following two hot inflation reports this week. Investors will get insight into how consumers are faring with stubborn prices with new retail sales data set for release Friday morning.

A few companies saw significant gains after hours on Thursday. Airbnb (ABNB) leaped on news it trounced analyst expectations. Roku’s earnings pushed stock gains with a further surge post-market close. GameStop (GME) popped after the bell too on news the games retailer will move into crypto investment.

On Friday, Moderna (MRNA) is set to report earnings.

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Trending tickers in after-hours trading on Friday

AirBnB (ABNB)

Shares of Airbnb soared over 14% in extended trading following stronger-than-expected Q4 profit, with revenue rising 12% to $2.5 billion and net income of $461 million. Bookings grew 12% to 111 million, while gross booking value climbed 13% to $17.6 billion, surpassing analyst expectations.

GameStop (GME)

GameStop (GME) shares surged nearly 10% in after-hours trading on Thursday following reports that the video game retailer is considering investing in cryptocurrencies, including bitcoin (BTC-USD). The company has been tied into cryptocurrencies for years, hitting all-time highs among meme-stock resurgence.

Palo Alto Networks (PANW)

Palo Alto Networks slumped 5% after the market closed Thursday. The company had popped during trading hours following its full-year revenue forecast on Thursday, anticipating strong demand for its cybersecurity solutions amid growing online threats. Only to miss earnings in mixed quarterly results.
Sony stocks leap following strong profit forecast and gaming division performance

Sony Group (SONY) stock jumped by up to 11% in Tokyo on Friday, the largest increase since August, after the company raised its operating profit forecast for the fiscal year to 1.34 trillion yen (USD $8.7 billion), a 2% increase.

This upward revision is largely attributed to strong performance in its gaming division, with a 37% rise in quarterly profit and robust sales of PlayStation 5 units.

Bloomberg reports: