08:04 AM EDT, 06/12/2025 (MT Newswires) -- US stock futures traded lower premarket Thursday as the market absorbed President Donald Trump's latest pronouncements on trade policy and looked to impending reports on unemployment and inflation.

Dow Jones Industrial Average futures fell 0.7% while both S&P 500 and Nasdaq futures were trading 0.5% lower before the opening bell.

Despite a recent trade deal hammered out with China, Trump warned Wednesday that he would impose tariffs on countries that failed to come to an agreement. "You can take it, or you can leave it," he was quoted as saying.

The crash Thursday of a Boeing ( BA ) 787 operated by Air India and with 242 passengers and crew aboard added to pressure on equities. Shares of Boeing ( BA ) were down more than 7.5% in the premarket session.

Oil prices reversed course after days of gains, with the front-month global benchmark North Sea Brent crude down 1.6% to $68.69 per barrel and US West Texas Intermediate crude 1.6% lower at $67.07 per barrel.

Investors are awaiting the weekly pre-bell US jobless claims report with claims rising lately. Analysts estimate a slight decline of claims to 243,000, compared with 247,000 last week.

Markets are also awaiting the May producer price index, which analysts expect to show a 0.2% increase compared with April and a 2.6% rise compared to last year.

Following the opening bell, the Energy Information Administration will release its report on natural gas inventories, an indicator of the supply and demand in the energy market.