U.S. stock futures fell on Friday following Thursday’s record moves. This comes as investors weigh the outcomes of President Donald Trump‘s visit to China.
President Trump concluded a business-focused visit to Beijing on Friday, securing deals for major U.S. companies like Boeing Co. (NYSE:BA) and Nvidia Corp. (NASDAQ:NVDA). However, complex diplomatic issues regarding Taiwan and Iran remain unresolved.
Meanwhile, the 10-year Treasury bond yielded 4.54%, and the two-year bond was at 4.06%. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
| Index | Performance (+/-) |
| Dow Jones | -0.67% |
| S&P 500 | -1.09% |
| Nasdaq 100 | -1.58% |
| Russell 2000 | -1.21% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Friday. The SPY was down 1.05% at $740.34, while the QQQ was lower by 1.54% to $708.74.
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