S&P 500 Futures Dip as Traders Await PCE Inflation Data

Macro
โดย Simply Wall St·Read original
Summary · why it matters

US stock futures were mixed in early trade, with E-mini S&P 500 futures slightly down around 0.2% while Nasdaq futures were flat to modestly higher. The US 10-year Treasury yield sat near 4.48%, keeping borrowing costs elevated for mortgages, credit cards, and companies. Investors braced for the PCE inflation report, the Federal Reserve's preferred cost-of-living gauge, along with a busy week of data on spending and factory orders. Among top movers, Credo Technology Group Holding jumped 11.29% after fresh analyst coverage highlighted its AI connectivity focus, Tower Semiconductor climbed 10.50%, and Innio gained 9.83%. On the losing side, Space Exploration Technologies fell 16.43% on a planned senior unsecured notes offering, AST SpaceMobile declined 9.26%, and Rivian Automotive dropped 8.60% after reports highlighted high lease prices for its new R2 SUV. On the radar, earnings from FedEx, Micron, Paychex, and Trip.com will anchor a data-light stretch for US markets.

Impact on stocks 11

Space Economy · 2 stocks
Consumer Discretionary · 2 stocks
Artificial Intelligence · 1 stocks
Electrification & Mobility · 1 stocks
Rivian Automotive Inc
RIVN
▼ NegativePricingrelevance

Reports highlighted high lease prices for its new R2 SUV, causing an 8.60% drop.

Energy Transition & Power Demand · 1 stocks
Industrials · 1 stocks
Semiconductors · 1 stocks
Cloud & Digital Infrastructure · 1 stocks
Information Technology · 1 stocks