Stock index futures rose on Friday, a day after Wall Street closed in correction territory as Donald Trump's trade plans hit investor sentiments. S&P 500 futures (SPX) +1%, Nasdaq 100 futures (US100:IND) +1.

Wall Street was poised to open with healthy gains on Friday, but nowhere near enough to make up for the losses that have piled up in recent weeks as anxious investors flee for safer holdings in the midst of an escalating U.

On-again, off-again tariffs, mass government layoffs, funding cuts and immigration crackdowns have seriously spooked Wall Street, which is emphatically rejecting President Donald Trump’s chaotic economic agenda.

Wall Street ended sharply lower on Thursday and the S&P 500 confirmed it is in a correction after cool inflation data was overshadowed by fears that the escalating tariff war being waged by the United States against some of its biggest trading partners could reignite inflation and tip the economy into recession.

A 10% drop is a big enough deal that professional investors have a name for it — a “correction” — and the S&P 500’s 1.4% slide on Thursday sent the index to its first si

President Trump’s tariffs on key U.S. trading partners have caused turmoil on Wall Street. CNBC senior analyst and commentator Ron Insana joins Chris Jansing to explain more on the economic impact.