Hot CPI Pushes U.S. Futures Lower as Iran Tensions Boost Oil
U.S. stock futures slipped after April's CPI came in hotter than expected (headline +0.6% MoM, +3.8% YoY; core +0.4% and +2.8%), while tensions with Iran kept energy markets on edge and lifted oil prices. At 08:38 ET, Dow futures fell marginally, S&P 500 futures were down about 0.3%, and Nasdaq-100 futures around 0.8% lower. Traders weighed mixed company news (GameStop slumping after eBay rejected its $56 billion bid; Aramark beating revenue estimates; Hims & Hers missing) against ongoing geopolitics and AI-driven market sentiment.