Markets Brace for Inflation Data Amid Global Uncertainty
TL;DR
U.S. stock futures showed mixed performance as investors awaited key inflation data later in the week. Oracle's shares dropped nearly 7% after missing earnings estimates, while Nvidia's stock edged higher after a recent sell-off. The Dow Jones futures fell 0.2%, S&P 500 futures rose slightly, and Nasdaq 100 futures gained 0.1%. The 10-year Treasury yield increased to 4.23%, and oil prices fell. Key earnings movers included AutoZone, C3.ai, MongoDB, and Ollie's Bargain Outlet. Inflation reports, including the consumer price index, are expected to influence market trends.
- Dow Jones Futures Fall As Inflation Data Looms; Nvidia Slides To Key Level Investor's Business Daily
- Stock futures are little changed after S&P 500, Nasdaq retreat from records: Live updates CNBC
- Momentum stocks just tanked — that has some analysts worried. MarketWatch
- Futures stall as investors await inflation data Reuters
- Asian Markets Cautious Amid Geopolitical Tensions: Markets Wrap Bloomberg
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