Futures Movers — Last Updated: Feb. 22, 2026 at 6:36 p.m. ET
First U.S. stock-market futures were little changed on Sunday as investors continued to assess the market impact of Friday’s Supreme Court ruling that overturned most of President Donald Trump’s tariffs.
- Dow Jones Industrial Average futures (YM00) were down about 80 points, roughly 0.2%.
- S&P 500 futures (ES00) declined modestly.
- Nasdaq-100 futures (NQ00) also ticked lower.
Market Context
The Supreme Court decision removed a major layer of trade policy uncertainty tied to the tariff program. Market participants responded with cautious positioning in overnight and pre-market futures, leaving major index futures near unchanged overall.
Key, Quotable Takeaways
- "U.S. stock-market futures were little changed as investors processed the Supreme Court's decision on tariffs."
- "YM00 was down about 80 points, or 0.2%, while ES00 and NQ00 also declined."
What Traders and Analysts Are Watching
- Futures price action in YM00, ES00 and NQ00 for clues on risk sentiment at the equity open.
- Volatility and opening auction liquidity as markets incorporate the policy shift.
Quick Summary for Institutional Traders
The near-flat futures print signals measured risk repricing rather than a dramatic directional move following the court ruling. For professional traders and institutional desks, focus remains on pre-market order flow and sector-specific reactions once cash markets open.
Bottom Line
U.S. futures showed limited directional movement on Sunday evening, with the Dow futures (YM00) down about 80 points (0.2%) and S&P 500 and Nasdaq-100 futures also lower. Investors are assessing the implications of the Supreme Court ruling that overturned most of the tariff program.
