Dow, S&P 500, Nasdaq futures pause as Trump tariff threats and Nvidia rally split investor focus- US stock market today opened cautiously as futures for the Dow Jones, S&P 500, and Nasdaq took a breather following a tech-driven rally led by Nvidia’s historic $4 trillion milestone.

Stock futures are holding steady Thursday morning as investors keep close tabs on developments related to tariffs.

Dow Jones futures dropped Thursday on surprise weekly jobless claims. Nvidia chipmaker TSMC rose on strong sales.

U.S. stock futures dipped Thursday amid investor reaction to President Donald Trump’s latest tariff moves. Brazil has become the newest focus of Trump’s trade offensive, triggered by the country’s treatment of a political ally.

The S&P 500 Index ($SPX) (SPY) today is down -0.06%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.08%. September E-mini S&P futures (ESU25) are down -0.

Nvidia chipmaker Taiwan Semi reported strong sales while Delta stock flew on Q2 results. On Wednesday, Nvidia stock briefly topped a $4 trillion market cap while AI plays Astera Labs and Rubrik flashed buy signals.

Futures for the major U.S. stock indexes are pointing toward a mostly unchanged open on Thursday, suggesting a pause after gains in the previous session. Uncertainty surrounding President Donald Trump’s trade policy stance continues to weigh on investor sentiment,

U.S. stock index futures were marginally lower on Thursday, cooling after Nvidia's sprint to a $4 trillion valuation supported markets the day before, while investors turn their attention to economic data and trade talks.

Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures.The stock market rally had a narrowly mixed session on the major indexes. Trump tariff headlines were in focus.Please watch the video at Investors.