Treasury yields declined on Thursday after U.S. President Donald Trump indicated that high tariffs on China may be coming down, and backtracked plans to fire the Federal Reserve chief. At 5:30 a.m. ET, the 10-year Treasury yield was down over 3 basis points at 4.349%, while the 2-year Treasury yield was down nearly 3 basis points at 3.832%.

President Trump told reporters "I have no intention of firing" Federal Reserve Chair Jerome Powell even though he wants the policymaker to lower interest rates, making the comment less than a week after Trump asserted on social media that "Powell's termination cannot come fast enough."

Tesla investors are anxious to know if plans to roll out a cheaper car and a robotaxi service this year are on track, and whether CEO Elon Musk is ready to ditch his role in the Trump administration soon and get back to managing the company more closely.

US stock futures fell early Monday as investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of Big Tech earnings reports. Futures tied to the S&P 500 were down 1%, while those on the tech-heavy Nasdaq fell 1.1%. Dow Jones Industrial Average futures also dropped 0.9%.

On Thursday, all eyes were on the trade negotiations that began between the US administration and Japan. President Trump had previously touted "big progress" in tariff talks, but Japan's Finance Minister Katsunobu Kato expressed concerns over the global economic fallout from tariffs. He warned that the market volatility could potentially disrupt Japan's economic recovery.

US stock futures climbed on Tuesday, as optimism over a possible auto tariff reprieve lifted sentiment ahead of the next round of corporate earnings. Futures attached to the Dow Jones Industrial Average edged up 0.10% and the benchmark S&P 500 rose 0.18%. Futures attached to the tech-heavy Nasdaq Composite were up 0.2%.