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Following the S&P 500's drop due to Trump tariffs, US market futures climb.

After Wall Street witnessed the benchmark S&P 500 entering correction zone, U.S. stock index futures increased Thursday night as worries about the recession and the intensifying trade war overshadowed euphoria from lower-than-expected inflation statistics.


By 19.49 ET (23:49 GMT), Nasdaq 100 Futures had increased 0.6% to 19,359.50 points, while S&P 500 Futures had up 0.5% to 5,553.0 points. Futures for the Dow Jones were up 0.3% at 40,987.0 points.


This brief reprieve followed Senate Democratic Leader Chuck Schumer's announcement on Thursday that, in spite of reluctance within his party, he would back the Republican-crafted stopgap funding plan to avoid a government shutdown.


In order to prevent a shutdown, which would start at midnight on Friday when existing funding for programs other than Social Security, Medicare, and Medicaid expires, Schumer is supporting the plan.

 
 
 

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