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Dow Jones, S&P 500 futures in red before GDP, tariff ruling

US stock index futures were slightly in red on Friday as investors awaited key economic data, monitored geopolitical developments, and looked ahead to a potential Supreme Court ruling on President Donald Trump’s tariffs. Markets appeared cautious after a mixed week on Wall Street, with traders positioning for multiple catalysts that could influence monetary policy expectations and equity sentiment. Futures tied to the Dow Jones Industrial Average slipped about 59 points, while S&P 500 futures and Nasdaq 100 futures fell by 0.11%. Economic data and Fed outlook in focus Investors are watching closely for the fourth-quarter gross domestic product report, which economists polled by Dow Jones expect to show real GDP growth of about 2.5%. The previous quarter recorded a stronger-than-expected…