U.S. stock futures were little changed Wednesday evening after Wall Street ended the regular trading session in the red, as investors absorbed a series of mixed earnings reports and fresh signs of rising U.S.-China trade tensions.

Hợp đồng tương lai S&P 500 down 0.2% to 6,726.25 points, whileHợp đồng tương lai Nasdaq 100 fell 0.2% to 24,986.75 points at 20:18 ET (00:18 GMT). Dow Jones 30 futures fell 0.3% to 46,641.0 points.

Wall Street closes in the red; Tesla drops after mixed earnings report

Major indexes closed lower in Wednesday’s regular trading session. The S&P 500 fell 0.5%,Dow Jones Industrial Averagefell 0.7%, and the Nasdaq Composite fell 0.9%, dragged down by weakness in large-cap tech stocks.

Tesla (NASDAQ:TSLA)reported record quarterly revenue of $28.1 billion, slightly beating estimates, but net income fell 37% as higher research and development costs and tariff-related costs weighed on margins.

The surge in sales was fueled by a wave of buyers seeking to claim the $7,500 federal tax credit for electric vehicle purchases before it expires on September 30.

Tesla shares fell nearly 1% in premarket trading and fell another 4% in after-hours trading.

Elsewhere, General Electric spin-off GE Vernova (NYSE:GEV) missed earnings expectations despite higher-than-expected revenue, sending its shares lower.

International Business Machines ( IBM ) (NYSE:IBM) reported better-than-expected third-quarter earnings; however, slowing growth in its hybrid cloud division and cautious guidance weighed on sentiment. Shares fell about 5% in extended trading.

In addition, stocksApple (NASDAQ:AAPL)fell 1.7% after Nikkei reported that the tech giant is “drastically” cutting production orders for the new iPhone Air model and shifting focus to other iPhone 17 series.

Attention now turns to datalạm phát tiêu dùngUS interest rates are due on Friday, a key input ahead of next week’s Federal Reserve policy meeting.

US-China trade tensions heat up again

The Trump administration is considering comprehensive restrictions on exports to China of goods made with or containing US software, in response to Beijing’s latest restrictions on rare earth exports, a Reuters report said on Wednesday.

The proposed measures could affect a wide range of industries, from semiconductors and aerospace to consumer electronics, marking a potential escalation in the trade war between the world’s two largest economies.

The report comes ahead of a planned meeting between President Donald Trump and Chinese President Xi Jinping, raising concerns among investors that tensions could flare up again after months of relative calm.

While no final decision has been made, the report said the proposal is being seriously discussed as Washington seeks leverage over Beijing’s growing dominance in the critical minerals sector.