"Investors Await February CPI Report as Stock Futures Inch Higher"

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Source: CNBC
"Investors Await February CPI Report as Stock Futures Inch Higher"
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TL;DR Summary

U.S. stock futures edged higher as traders awaited another inflation report, with Dow Jones Industrial Average futures rising 20 points and S&P 500 futures also inching up. In after-hours trading, Robinhood gained 8% while troubled electric vehicle startup Fisker tumbled 46% after reports of potential bankruptcy. The technology sector saw a sharp decline, impacting the S&P 500 and Nasdaq Composite, while the Dow added 0.10%. Investors are anticipating the release of February's producer price index and are also monitoring the impact of a proposed bill that could lead to a TikTok ban. Additionally, stocks making significant moves in extended trading included Robinhood, SentinelOne, and Under Armour.

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