S&P 500 futures are down 0.1% Dow Jones Industrial Average futures are down 0.08% Nasdaq-100 futures are down 0.2% On Thursday, the S&P 500 closed up 23.62 points, or 0.4%, to 5912, the Dow Jones Industrial Average rose 117.

Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. The Fed's inflation gauge will be released before the open. Costco Wholesale, Zscaler, Ulta Beauty and Dell Technologies reported after the close.

The dollar gained slightly but remains at weaker levels with the DXY dollar index trading below the key 100 level amid heightened uncertainty over U.S. tariffs.

Stock index futures jumped on Thursday after a court struck down the “reciprocal” tariffs that President Donald Trump had imposed in April, while Nvidia's (NVDA) results and guidance also lifted the mood.

U.S. stock futures jumped in Wednesday’s overnight session, driven by a couple of upbeat catalysts. Wall Street’s AI darling, Nvidia Corp. (NVDA), reported “robust” results, boosting tech peers. Also,

U.S. stocks looked set to slip over the final trading session of May, with investors still uncertain about whether President Donald Trump will end up getting his way as he bids to reshape global trade.

U.S. stock-index futures continued to point to a higher start for Wall Street on Thursday, but trimmed the sharp gains seen after a U.S. trade court blocked a majority of President Donald Trump's tariff plans after Wednesday's closing bell.