Stock market today: Live updates

S&P 500 futures were higher by 0.2%. Nasdaq 100 futures edged up by 0.2%, helped by big gains in AI play Broadcom. Futures tied to the Dow Jones Industrial Average added 31 points.

Traders shook off for now a weaker-than-expected jobs report that raised further concerns about an economic softening and sent rates lower. Nonfarm payrolls increased by 151,000 jobs in February, less than the consensus forecast for 170,000 from economists polled by Dow Jones. The unemployment rate ticked higher to 4.1%.

This action comes after a rocky session on Thursday, with the major averages going back into sell-off mode as the latest concessions on President Donald Trump’s tariff policies failed to calm investors. The blue-chip Dow lost more than 400 points, and the Nasdaq Composite fell into correction territory, ending the session more than 10% off its high.

Stocks have been on a roller-coaster ride as Trump’s tariff policies have worried investors over future U.S. growth. While Trump said on Thursday that a swath of goods from Canada and Mexico that are covered by the North American trade agreement known as USMCA would be exempt from the announced duties until April 2, that wasn’t enough to spur a recovery rally similar to the one seen on Wednesday.

“Markets are all over the place trying to price tariff impacts, which is really hard to do when the goal post moves, disappears, and morphs by the second,” said Jamie Cox, managing partner at Harris Financial Group.

This latest market rout put the three major averages on course for their worst week since September 2024. The S&P 500 is off 3.6% week to date, while the 30-stock Dow is down 2.9%. The Nasdaq is the underperformer of the period, down 4.1% so far this week.

Broadcom, a major artificial intelligence play, jumped more than 9% before the bell after earnings exceeded Wall Street’s expectations. AI darling Nvidia also rose in Friday’s premarket after a rough week.