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Intel’s Weak Earnings Put Futures on Ice After a Choppy Week

U.S. stock futures lost momentum Friday morning as Wall Street tried to steady itself after several days of sharp swings. Dow futures slipped, while S&P 500 and Nasdaq futures hovered slightly lower, signaling a cautious start to the trading day. The hesitation came largely from Intel’s disappointing earnings report. The chipmaker’s results and weaker outlook weighed heavily on tech sentiment, sending its shares sharply lower in pre‑market trading. Investors had hoped for stronger numbers given the industry’s AI‑driven momentum, but Intel’s update suggested ongoing challenges in key segments like data‑center chips. The broader market has been wrestling with volatility all week, driven by shifting economic expectations and uneven corporate results. With the S&P 500 on track for another weekly decline, traders appear reluctant to make big moves until they see clearer signs of stability.
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Trade Tensions Escalate: China's Response to Trump's Tariffs

 

The trade war between the United States and China has reached new heights as President Donald Trump announced sweeping tariffs on Chinese imports. The latest measures include a 34% tariff hike, bringing the total levies on Chinese goods to 54%. These tariffs, described as the steepest in a century, aim to reset global trade policies but have sparked significant backlash.

China has vowed to retaliate, with the Ministry of Commerce condemning the tariffs as a threat to global supply chains and economic stability. Beijing has promised countermeasures to safeguard its interests, signaling a deepening rift between the world's two largest economies.

The tariffs are expected to impact not only China but also other Asian economies, as countries like Vietnam and Cambodia face similar levies. Analysts predict that these measures could disrupt global trade and economic growth, with China potentially seeking alternative markets to offset the impact.

As tensions rise, the global community watches closely, bracing for the potential fallout of this escalating trade conflict.

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