U.S. stock futures climb on tariff news

U.S. stock futures are jumping on reports that U.S. tariffs may not be as extensive as previously announced. Futures for major indices are up, with S&P 500 futures rising more than 1%, Nasdaq futures up by 1.4%, and Dow Jones Industrial Average futures increasing by 0.9%. Bitcoin is also trading higher, up 2% at nearly $88,000. Yields on the 10-year Treasury note, as well as oil and gold futures, are also advancing. According to reports, President Donald Trump may narrow the scope of tariffs announced on April 2.

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The administration may focus on import taxes for specific countries that do not impose tariffs on the U.S. and with which the U.S. has a trade surplus. This move is aimed at creating a more balanced trade environment. Super Micro Computer shares are little changed in premarket trading after leading the S&P 500 higher on Friday, driven by increased demand for AI-related infrastructure.

📈#Nifty hits 2-month high; but falls over 150 points off day's high#StockMarket #StockMarketIndia pic.twitter.com/P0mUKigQfG

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The company has projected significant growth following challenges related to corporate governance issues that weighed on its stock last year. Supermicro shares have gained nearly 40% in 2025. Online ticket-reselling platform StubHub has filed a prospectus to list on the NYSE under the ticker, “STUB.” The company reported Gross Merchandise Sales (GMS) of $8.68 billion in 2024, up 27% year-over-year.

Update to our sector quilt, with each color representing a sector (plus the overall S&P 500), ranked each week this year … YTD ranking is far right column pic.twitter.com/lybETB6I9M

— Liz Ann Sonders (@LizAnnSonders) March 25, 2025

Stocks climb on positive tariff news

After trending lower from 2023 into 2024, S&P 500’s rolling 1-month correlation has seen a much wider range this year as volatility has picked up pic.twitter.com/Z6PiTRE1hb

— Liz Ann Sonders (@LizAnnSonders) March 25, 2025

However, it also reported a net loss of $2.8 million for 2024, following a profitable 2023. The IPO was initially planned for last July but was delayed due to weak market conditions. Shares of Nasdaq-listed 23andMe are plunging over 40% in premarket trading after the DNA-testing firm announced it was filing for bankruptcy. CEO Anne Wojcicki resigned immediately but will continue to serve on the board. The company aims to facilitate a sale process to maximize its business value. Image Credits: Photo by Ayadi Ghaith on Unsplash