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Stock market today: Stock futures tumble as record-setting rally cools

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US Stock Futures,Nasdaq Composite,Tesla Shares

Investors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.

US stock futures pulled back on Friday, signaling a retreat from all-time highs as European turmoil rattled nerves and Elon Musk's pay package win put Tesla , which were headed for their worst week since October. Investors are concerned about the fallout for markets if the far right makes gains or even wins France's snap election.to hold off from giving details of its bond-buying cuts until July, a surprise move interpreted as delaying a rate hike.

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