U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.

The Dow is up roughly 0.3%, versus a fall of 3.11% for the Nasdaq. If it holds, the Dow's 3.41 percentage point outperformance would be its strongest versus the Nasdaq since Nov. 9, 2020, according to Dow Jones Market Data, when the blue-chip gauge outpaced the tech-heavy index by 4.47 percentage points.

Gift Nifty was trading around 22,970 level, a discount of nearly 143 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.

Despite the pullback, major US indexes notched their second consecutive weekly gains, signaling renewed optimism in the markets.

The S&P 500 hit a high. Tesla launched the new Model Y in the U.S. and Europe. AI stocks like Nvidia are testing key levels.

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Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

(Reuters) - U.S. stock index futures dipped on Friday, as uncertainty about President Donald Trump's trade policies prevailed, while investors also awaited data and corporate earnings reports that could throw light on the state of the economy.

On a weekly basis, Wall Street's main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022, aided by Trump's artificial intelligence investment plans, signs of cooling inflation and robust earnings from big banks in the previous week.

On a weekly basis, Wall Street's main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022, aided by Trump's artificial intelligence investment plans, signs of cooling inflation and robust earnings from big banks in the previous week.

GE Aerospace posted a surge in quarterly revenue that blew past Wall Street's estimates as the jet-engine maker received an influx of orders to end the year. The carrier posted higher-than-expected results but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.

Overnight, Texas Instruments reported an earnings beat, but offered a disappointing outlook sending that stock lower by 4.5% in premarket trading.