US Stock Futures Hold Steady Ahead of Inflation Data

U.S. stock futures were flat Tuesday evening as investors awaited April’s PPI data after a hotter‑than‑expected CPI rattled markets; futures on the Dow, Nasdaq, and S&P 500 were down tiny amounts (about 0.01%, 0.02%, and 0.04%) at 6:22 p.m. EDT. In regular session, the S&P 500 and Nasdaq fell 0.7% and 0.2% as April core inflation came in hotter than expected and oil prices rose, while the Dow edged up 0.1%. Looking ahead, Alibaba, Nebius, BioNano Genomics, and Cisco are set to report earnings on Wednesday, with traders watching for the PPI data.