From Yahoo Finance: 2025-05-24 09:15:00

Stock futures are down due to trade tensions and fiscal concerns. President Trump’s proposed tariffs on iPhones and European goods cause market apprehension. House passed a $3.8T tax bill raising U.S. debt concerns. Trading volumes may decrease over Memorial Day weekend, leading to potential market volatility.

In pre-market trading, S&P 500, Nasdaq, and Dow futures all fell. Top movers include Uranium Energy up 14%, Oklo up 10%, and Energy Fuels up 10%. Frontline, Intuit, and Autodesk are up after earnings, while Deckers Outdoor, Ross Stores, and Booz Allen are down.

Apple down 4% after Trump’s tariff threat on iPhones not made in the U.S. Xerox down 9% after cutting dividend. For more financial news, visit TheFly for real-time updates.

Read more: Apple slips following President Trump tariff threat