US stock futures were at a standstill as Wall Street looked forward to wrapping up a week marked by growing doubts about the economy's health under Trump's trade and tax agendas.

Wall Street, however, has calmed down. And it was not so panicked in the first place. During the recent turbulence, the VIX, a fear gauge, hit only its 24th-highest monthly level in the past 35 years. The index measures expected volatility for American stocks, based on the price investors pay for insurance.

U.S. stocks finished little changed on Thursday, erasing initial declines, as Treasury yields eased off recent highs after the House of Representatives passed U.S. President Donald Trump's tax and spending bill.

President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose acquisition companies.

Wall Street’s quiet corner is making noise again. While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile onto its spiraling mountain of debt because of its desire to cut taxes.

Wall Street's major averages searched for direction on Thursday, while a bruising bond sell-off from the previous session eased up. The focus remained on President Trump's "One Big Beautiful" tax bill,

A weekslong climb in longer-term yields has been fueled by persistent worries about inflation and concerns that wider deficits will necessitate larger auctions.

U.S. markets edged lower in trading before the opening bell as the last few major companies report earnings amid a dearth of market-moving news.