Dow Jones Industrial Average futures dipped 84 points, but the level implied an open of about 5 points higher. S&P 500 futures were off by 0.2% and Nasdaq 100 futures fell 0.2%.
Trump said Thursday afternoon he would hold the news conference, knocking stocks down from solid gains. That announcement came after China approved a national security bill for Hong Kong that experts warn could endanger the city’s “one party, two systems” principle. That principle allows for additional freedoms that mainland China residents don’t have.
Futures also fell after Salesforce issued disappointing guidance for the second quarter. The company expects earnings ranging between 66 cents a share and 67 cents a share. Analysts polled by FactSet expected earnings guidance of 74 cents per share. Salesforce shares dropped 4%.
The Dow closed Thursday’s session down nearly 150 points, or 0.6%. The S&P 500 and Nasdaq Composite lost 0.2% and 0.5%, respectively.
