The US stock market investors are experiencing a roller coaster ride, thanks to an announcement on tariffs by the Trump administration. On Wednesday, markets closed in green after talks of ‘compromise’ and some concessions for the auto sector revived market sentiments. But US stock futures are down on Thursday. Here are five things to watch on Thursday, March 6.

1. Equity Futures: Dow futures dropped over 400 points due to ongoing Wall Street volatility, with S&P 500 and Nasdaq-100 futures experiencing losses of over 1%. The traders seem to be digesting the fact that a one-month extension on tariffs is of not much value over the long term. US economy is facing challenges at a time when inflation is remaining sticky and looking to reignite. The Trump tariff trade war will remain the single most important factor for markets to maneuver from here on. The February big payrolls report is set to release on Friday, with the results potentially influencing the market.

2. Yields: As investors await important jobs data the U.S. Treasury yields increased on Thursday. The benchmark 10-year Treasury yield increased more than four basis points to 4.3071%. At 3.996%, the yield on the 2-year Treasury was up little over one basis point. Yields and prices move against one other, and one basis point is equivalent to 0.01%.

3. Pre-market movers: NVIDIA stock price is down 2% in the ore-market trading on Thursday, while Palantir and Tesla are down by 3% and 2% respectively. Alibaba Group Holding was quoting 2.46% higher.

4. Hang Seng: Hang Seng jumped 776 points, or 3.3%, to settle at 24,370, its highest level in more than three years and its third consecutive rise. Increased buying was the result of investors’ favorable perceptions of China’s annual legislature meeting’s policy signals.

Alibaba Group, which has risen 46% after plunging to a 2025 low on January 13 owing to its AI development initiatives, led the tech sector’s 5.4% increase with an 8.5% leap. As traders wagered that the most recent U.S. tariff increase under President Trump would not upset market sentiment, particularly in light of Beijing’s 2025 fiscal stimulus, consumer, real estate, and banking equities also saw strong gains.

5. China: A rally in Chinese technology companies helped the Shanghai Composite jump 1.17% to close at 3,381. China’s National People’s Congress meeting emphasized tech innovation and domestic consumption, reacted strongly to US tariffs, declaring readiness for war and dismissing US justifications.