Stock futures were ricking lower in premarket trading Friday as investors readied forꦜ economic data releases and evaluated the latest tariff proposals.

In the news: President Donald Trump’s latest tariff announcement delayed implementation of reciprocal tariffs on foreign trading partners and sent stocks higher; U.S. retail sales are expected to decline in January after several months of strength; Airbnb (ABNB) shares soar as a busy earnings week wraps up; bitcoin (BTCUSD) moved higher after reports that GameStop (GME) would begin investing in cryptocurrencies.

Here's what investors need to know today.

1. Stock Futures Point Lower as Investors Evaluate Tariffs, Wa🔯tch for Economic Data

Stock futures pointed lower in premarket trading as investors reviewed the latest announcement on tariffs and watched for more economic data. Futures trading associated with the 澳洲幸运5官方开奖结果体彩网:S&P 500 was down after the benchmark index 澳洲幸运5官方开奖结果体彩网:added 1% in the prior session to close just shy of an all-time high. The 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average was lower by 0.3% after its advance yesterday put the blue-chip index near its own record high, while the tech-focused Nasdaq pointed lower after adding 1.5% on Thursday. Major market inde꧟xes were in position to po꧙st gains for the week. Yields on the 10-year Treasury note were around 4.5%, while oil and gold futures ticked higher.

2. Delayed Implementation♓ of Tariffs Encourages Investors

Stocks rose Thursday after Trump signed an executive order that 澳洲幸运5官方开奖结果体彩网:delay𒀰ed implementation 🍰of reciprocal tariffs on countries that have their own tariffs on U.S. goods. The order instructed agencies to review tariffs applied to U.S. exports in order to find how they could be evenly matched, with reports expected by April 1. Some had expected the announcement to go further toward actually implementing reciprocal tariffs, and some interpreted the news as a sign that tariffs on U.S. imports may not be as steep as originally thought, while also raising optimism that some tariffs on experts may be lowered. The move comes after Trump laid out new 澳洲幸运5官方开奖结果体彩网:steel and aluminum tariffs earlier this week.

3. Retail Sales Expected to Pull Back in 🐬January

U.S. 澳洲幸运5官方开奖结果体彩网:retail sales are expected to contract in January when that data is released by the Census Bureau at 8:30 a.m. EST. Economists surveyed by The Wall Street Journal and Dow Jones Newswires forecasted that consumers would decrease their spending by 0.2%, down from the 0.4% increase registered in December. The latest economic data is expected as strong consumer spending has helped support growth, but 澳洲幸运5官方开奖💎结果体彩网:showed signs of slowing in December. Investors are also watching for reports on industrial production and impor🤡t prices.

4. Airbnb Shares Rise to Cap Busy Earnings Week

Airbnb (ABNB) shares surged 14% in premarket trading after the 澳洲幸运♚5官方开奖结果体彩网:vacation rental app turned a profit in its quarterly report and grew its revenue by 12%. The report capped a busy week for corporate earnings, with Cisco (CSCO), Reddit (RDDT), 澳洲幸运5官方开奖结果体彩网:GE HealthCare (GEHC) and Lyft (LYFT) among the companies to issue reports this week. Walmart (WMT) highlights next week’s corporate calendar, with Alibaba (BABA), Baidu (BIDU), Carvana (CVNA) and Rivian (RIVN) also scheduled to report. Many of the most closely watched big companies have already announced results, but another big one is due this month: Nvidia (NVDA), on Feb. 26.

🍷 5. Bitcoin Around $97,000 as GameStop Mulls Crypto Investments, Coinbase Revenue Jumps

Bitcoin traded around $97,000 as market watchers evaluated corporate developments related to cryptocurrency. Shares of meme stock GameStopjumped by more than 8% in premarket trading after CNBC reported that the video game retailer was considering making investments into cryptocurrenci💮es like bitcoin. Meanwhile, cryptocurrency exchange Coinbase (COIN) posted full-year 2024 revenue that was more than double the prior year's number. Its shares were lower premarket.