U.S. stock futures are down across the board: Dow is down more than 270 points, indicating market caution.

Taiwan • Business • 05/05 07:06
U.S. stock futures are down across the board: Dow is down more than 270 points, indicating market caution.

On the afternoon of May 5, 2025 (Taipei time), futures for the three major U.S. stock indices fell. Dow Jones Industrial Average futures fell by 277 points, S&P 500 futures fell by 38.5 points, and Nasdaq 100 futures fell by 130.75 points, reflecting the market's cautious sentiment ahead of the new week's opening. According to real-time data, as of 1:34 PM Taipei time, all three major futures indices were trending downward, indicating investors' cautious attitude towards the market environment.

Key Updates

05/06 11:06

U.S. stock index futures weakened on the afternoon of May 6: Uncertainty surrounding trade negotiations and Trump's comments on tariffs caused a broad decline across the futures of the three major indices.

On May 6, 2025, U.S. stock index futures fell across the board at 4:35 PM local time in Taipei. Dow Jones Industrial Average futures dropped 243 points, S&P 500 futures fell 41 points, and Nasdaq 100 futures declined 200.25 points. The market was affected by uncertainties in U.S.-China trade negotiations, Trump's comments on tariff policies, and the Federal Reserve's interest rate decision meeting, causing investors to take a wait-and-see approach, putting pressure on the futures markets.

05/06 01:01

U.S. stocks closed down across the board: Berkshire Hathaway declined 5.12% following Buffett's announcement of retirement, TSMC ADR dropped 1.61%, and trade war tensions persist.

On May 6, 2025, major U.S. stock indices closed lower across the board, ending a multi-day rally. The market was affected by the escalation of the U.S.-China trade war, corporate earnings reports revealing tariff pressures, and Warren Buffett's announcement that he will retire at the end of the year. Berkshire Hathaway's stock dropped 5.12%, TSMC's American Depositary Receipts (ADR) fell 1.61%, and tech stocks such as Apple and Netflix also faced pressure. Although Trump indicated the possibility of reaching a partial trade agreement, the market's reaction was muted, and risk aversion sentiment heightened.

05/05 22:00

U.S. stocks fell on Monday: OPEC+ increased production, causing oil prices to plummet, with energy stocks taking the biggest hit, as Trump's trade policy and the Federal Reserve meeting drew attention.

The U.S. stock market closed lower on May 5, ending the S&P 500's nine-day streak of gains. OPEC+ announced an increase in oil production of 400,000 barrels per day starting in July, leading to a drop in oil prices and a setback for energy stocks. Trump proposed imposing a 100% tariff on foreign films, causing unease in the market. Investors are focusing on the Federal Reserve meeting on May 6 and 7, seeking guidance on interest rate policy.

05/05 18:32

On May 5, 2025, the U.S. stock market experienced a pullback as the Dow Jones Industrial Average and S&P 500 indices declined due to Trump's tariff policy.

On May 5, 2025, after nine consecutive trading days of gains, the U.S. stock market pulled back, with the Dow Jones Industrial Average falling by 0.28% and the S&P 500 Index slightly rising by 0.06%. The market was affected by President Trump's announcement of a 100% tariff on films produced overseas, escalating trade tensions. Investors are focused on the Federal Reserve's interest rate decision on May 7, which is expected to remain unchanged. The stock prices of Netflix, Warner Bros. Discovery, and Disney fell, while Skechers' stock price surged by 25% due to acquisition news.

05/05 18:00

Michael Wilson, Chief Strategist at Morgan Stanley: U.S. stocks show strong resilience, recommends investing in high-quality growth stocks and large-cap companies.

Morgan Stanley's chief strategist Mike Wilson is optimistic about U.S. stocks, despite their underperformance compared to international markets since 2015. He believes that large U.S. companies and high-quality growth stocks are resilient in a post-cycle economy, supported by the depreciating dollar, stable corporate earnings, and improvements in trade agreements with China. If the Federal Reserve adopts a dovish stance and the 10-year U.S. Treasury yield falls below 4%, it could boost the S&P 500 index. Wilson also favors healthcare and industrial stocks and has increased the target price for Tenet Healthcare to $175.

05/05 07:06

U.S. stock futures are down across the board: Dow is down more than 270 points, indicating market caution.

On the afternoon of May 5, 2025 (Taipei time), futures for the three major U.S. stock indices fell. Dow Jones Industrial Average futures fell by 277 points, S&P 500 futures fell by 38.5 points, and Nasdaq 100 futures fell by 130.75 points, reflecting the market's cautious sentiment ahead of the new week's opening. According to real-time data, as of 1:34 PM Taipei time, all three major futures indices were trending downward, indicating investors' cautious attitude towards the market environment.

05/04 23:01

European stock markets rebound strongly: Easing of the US-China trade war boosts the market, UK stocks achieve a 15-day winning streak, Airbus's performance boosts its stock price.

On May 2, 2025, European stock markets rose across the board due to signs of easing in the trade war between the US and China, with the pan-European STOXX 600 index up 1.67%. The UK's FTSE 100 index rose for the 15th consecutive day, setting a new record. Airbus announced first-quarter results which exceeded expectations, leading to a 5.3% rise in its stock price. Major stock markets in Germany, France, and other countries also saw gains, reflecting a positive market response to the improved trade conditions.

05/04 23:01

All four major U.S. stock indices rose across the board on May 1: The S&P 500 achieved its longest streak of consecutive gains since 2004, boosted by employment data and trade talks.

On May 1, 2025, the four major U.S. stock indices rose, with the S&P 500 index rising for the ninth straight trading day, marking its longest winning streak since 2004. The rally was fueled by April's non-farm employment data beating expectations and indications of renewed trade talks between the U.S. and China regarding the fentanyl issue. Non-farm payrolls increased by 177,000, while the unemployment rate held steady at 4.2%. Expectations of easing U.S.-China trade tensions bolstered market confidence, leading to a rise in the stock market.

05/04 11:02

Earnings reports from tech giants drive a rebound in US stocks, while Trump's tariff policy sparks inflation concerns.

Strong earnings reports from tech giants have spurred a rebound in the US stock market, with the S&P 500 index rising for nine consecutive days, achieving the longest rally in 20 years. The Trump administration's push for a new round of high tariffs has sparked market concerns over corporate profits and inflation pressures. Investors are closely monitoring the Federal Reserve's interest rate decisions and inflation data to identify medium- to long-term investment opportunities.

05/03 21:59

U.S. stocks have risen for nine consecutive days: Strong non-farm payroll data and progress in U.S.-China trade talks boost the market's recovery

On May 3, 2025, the U.S. stock market rose for nine consecutive days, with the S&P 500 index achieving its longest rally since 2004, recovering the losses incurred since Trump's announcement of "reciprocal tariffs" on April 2. This rally was driven by strong non-farm employment data, advancements in U.S.-China trade negotiations, and market attention on the Federal Reserve's interest rate decision meeting. Non-farm employment rose by 177,000, exceeding expectations, with the unemployment rate remaining at 4.2%. The market anticipates that the Federal Reserve will postpone rate cuts until July. The U.S.-China trade negotiations showed signs of progress, particularly concerning the fentanyl issue.

Latest Overview of U.S. Stock Futures Quotes

According to data provided by "MoneyDJ News" on May 5, 2025, at 1:34 PM (Taipei time), the futures quotes for the three major U.S. stock indices are as follows:

  • Dow Jones Industrial Average Futures (DJIA INDEX) reported 41,150 points, down 277 points, a drop of 0.67%.
  • S&P 500 Index Futures (S&P 500) reported 5,670.5 points, down 38.5 points, a drop of 0.67%.
  • Nasdaq 100 Index Futures (NASDAQ 100) reported 20,064.5 points, down 130.75 points, a drop of 0.65%.

These figures indicate overall market pressure before Monday's trading session, with all three major index futures declining simultaneously, reflecting investors' reactions to recent market news.

Timeline of Futures Price Changes

From the earlier quotes of the day, the decline in the three major index futures was already evident in the morning session and continued to expand in the afternoon. According to a report by "MoneyDJ News" at 10:30:

  • The Dow Jones Industrial Average Futures reported 41,150 points at that time, the same as the 1:34 PM quote, indicating relatively stable declines from morning to afternoon.
  • The S&P 500 Index Futures fell from 5,667.75 points to 5,670.5 points, with the decline slightly narrowed.
  • The Nasdaq 100 Index Futures rose from 20,041 points to 20,064.5 points, with the decline also slightly narrowed.

Although the afternoon decline slightly narrowed, the overall trend remained negative, indicating a conservative market sentiment.

Synchronized Trends in Other Futures Markets

According to data provided by "Markets Insider" at 3:50:02 AM Eastern Time, U.S. stock futures were already exhibiting a downward trend:

  • Dow Jones Futures reported 41,186 points, down 250 points, a drop of 0.60%.
  • S&P 500 Futures reported 5,670.5 points, down 40 points, a drop of 0.70%.
  • Nasdaq 100 Futures reported 20,054.25 points, down 150.25 points, a drop of 0.74%.

These figures correspond with the 1:34 PM Taipei time quotes, indicating that since early morning Eastern Time, market sentiment has remained low without a significant rebound.

Detailed Quotes for S&P 500 Futures

According to futures contract quotes provided by "Investing.com," as of 3:49:36 PM Taipei time, the S&P 500 Futures (June 2025 contract) quotes are as follows:

  • U.S. S&P 500 Futures (S&P 500 Jun 25) reported 5,670.75 points, a drop of 0.67%.
  • Micro S&P 500 Futures reported 5,671.25 points, a drop of 0.66%.

These quotes are consistent with the data provided by "MoneyDJ News," further confirming the overall market direction.

Performance of Related ETFs and Inverse Products

While the futures market is declining, ETFs and inverse leveraged products related to the S&P 500 also experienced significant fluctuations:

  • SPY (SPDR S&P 500 ETF) reported $566.76, up 1.48%.
  • SDS (ProShares UltraShort S&P500) reported $19.92, down 2.83%.
  • SPXU (ProShares UltraPro Short S&P500) reported $22.01, down 4.35%.
  • SPXL (Direxion Daily Large Cap Bull 3X Shares) reported $136.55, up 4.40%.

These figures indicate that despite the decline in the futures market, some leveraged long ETFs still showed gains, possibly related to short-term fluctuations in the spot market.

Pre-Market Trading and Global Market Linkage

According to pre-market trading data from "Markets Insider," as of 3:50 AM Eastern Time, the performance of major European stock markets is as follows:

  • UK FTSE 100 Index rose by 2.04%.
  • German DAX Index rose by 0.24%.

In the Asian market, as of May 2 data shows:

  • Japan's Nikkei 225 Index rose by 1.04%.
  • Hong Kong's Hang Seng Index rose by 1.74%.

Although most major global markets are showing gains, U.S. stock futures are declining against the trend, suggesting that specific internal factors may be affecting the U.S. market, leading to a more conservative investor sentiment.

References

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