S&P 500 futures were slightly lower. Futures for the overall index lower by about 0.41%, while Nasdaq 100 futures is lower 0.57%. Dow Jones Industrial Average futures lower 147 points.

Points to Know Before Market Opens

Major US stock indexes have shown strong gains this week, with the S&P 500 and Nasdaq Composite leading the charge with significant percentage increases. While the S&P 500 and Nasdaq continued their upward trend in Wednesday's trading, the Dow Jones Industrial Average saw a slight dip. Notably, Nvidia's stock performance has turned positive for the year, joining the majority of the "Magnificent 7" stocks in green territory.

Walmart has cautioned that tariffs could lead to price increases for consumers as these costs are likely too substantial for suppliers to fully absorb. These potential price hikes might be seen as early as this month or the next. On a brighter note for the retailer, its e-commerce division achieved its first profitable quarter, both in the US and globally. Although Walmart surpassed its first-quarter earnings expectations, it narrowly missed its sales targets.

Stock trading platform eToro made its debut on the Nasdaq with a significant surge in its share price, climbing nearly 29% above its IPO price. This impressive start gives the Israel-based company, a competitor to Robinhood in the stock and crypto trading space, a market capitalization exceeding $5.4 billion.

In a substantial deal, Boeing and Qatar Airways announced a record-breaking agreement where the airline will purchase up to 210 aircraft from Boeing. Qatar Airways also partnered with GE Aerospace for the supply of 400 engines to power these Boeing jets. The signing ceremony, attended by Boeing CEO Kelly Ortberg, US President Donald Trump, and the Emir of Qatar, marks a significant win for Boeing as it navigates recent safety and production challenges and continues to manage its cash flow.

Warner Bros. Discovery is set to rebrand its streaming service back to "HBO Max" this summer, a reversal from its previous name change to just "Max." CEO David Zaslav explained that this strategic move aims to emphasize the platform's focus on high-quality content over the sheer volume of offerings.

The 10-year Treasury yield decreased by 0.012 points at 4.516%. The 2-year Treasury decreased by 0.029 points at 4.024%.