Why are US stock market index futures Dow, S&P 500 and Nasdaq down now and who are biggest losers and gainers? US futures fell after Donald Trump named Kevin Warsh as Fed Chair pick. Precious metals dropped.

U.S. stock market futures were well off their lows, with the Dow contract now down by about 200 points or so, as investors react to reports that Kevin Warsh will be the nominee to be Fed chair. A notable non-reaction came from the bond market,

President Trump said he'll make his Fed chief pick Friday. Apple fell on earnings. Sandisk soared. Tesla rose on SpaceX buzz.

Wall Street is in the middle of Big Tech earnings, with Apple the next 'Magnificent Seven' member set to report.

U.S. stock futures were mostly higher on Wednesday morning as investors awaited the Federal Reserve’s interest rate decision and earnings reports from some of the largest technology companies due later in the day.

Tesla, Microsoft and Meta headlined huge earnings late after the stock market paused at record highs.

US President Donald Trump has made multiple references in the past about how he would want to fire Fed Chair Jerome Powell, calling him "too slow" in cutting interest rates, which he believes, should be much lower from where they currently are.

US stock index futures plunge as Trump threatens 25% tariffs on Europe over Greenland. Nasdaq 100 erases 2026 gains, breaking key support levels.

Learn about futures trading, along with how contracts work, key market factors, risks, and potential benefits, and how investors use futures to hedge or speculate.