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US stock futures tumbled on Friday, retreating from record highs as inflation worries weighed on markets while investors assessed the outcomes of the Trump-Xi summit in China.

Futures tracking the S&P 500 and the Nasdaq rose to record highs on Thursday as Nvidia shares advanced, while investors monitored developments around the high-stakes U.S.-China summit and awaited fresh economic data.

US stock futures traded mixed on Wednesday, with tech stocks eyeing a rebound as investors braced for the next tranche of inflation data and waited for updates on US-Iran talks and President Trump’s trip to China.

US stock futures fell on Tuesday as a rally in tech names lost steam, in the wait for the latest consumer inflation reading to shed light on the Iran war’s impact on the economy.

US stock futures steadied on Monday after Wall Street wrapped up another strong week, while oil prices climbed as President Trump dismissed Iran’s latest proposal aimed at ending the ongoing conflict.

US stock futures edged higher Friday morning as investors weighed escalating tensions between Washington and Tehran and braced for the release of the April jobs report.

Wall Street stock futures climbed on Wednesday as investors weighed signs that the US and Iran may be closing in on a peace deal and a solid earnings season for tech companies continued.

US stock futures rose on Tuesday, stabilizing after a broad sell-off driven by escalating tensions in the Middle East.

US stock futures fell on Monday as concerns about escalation in the Iran war eclipsed optimism stoked by strong quarterly earnings growth.

US stock futures took a breather on Friday, after a powerful rally that pushed major indexes to fresh records and capped a standout April for equities.