"Market Watch: Investors Await Inflation Data Amidst Stock Market Fluctuations"

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Source: CNBC
"Market Watch: Investors Await Inflation Data Amidst Stock Market Fluctuations"
Photo: CNBC
TL;DR Summary

Stock futures remained largely unchanged as investors awaited upcoming inflation data, with the Dow Jones Industrial Average slipping 32 points, S&P 500 Futures hovering near the flatline, and Nasdaq 100 futures falling 0.04%. After-hours trading saw eBay's stock rise 4% following a dividend raise and additional share buyback, while Urban Outfitters lost almost 11% after missing estimates. Investors are advised to consider alternative investments outside of the 'Magnificent 7' stocks, with a focus on small caps and emerging markets. The Russell 2000 notched its fourth consecutive winning day, outpacing the S&P 500 and Nasdaq Composite, while Beyond Meat's stock soared over 78% after beating revenue estimates in the fourth quarter. First Solar's stock also jumped nearly 5% in extended trading after the company beat Wall Street's earnings expectations.

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