Stock market today: US futures slip as Micron slides, with data on deck

US stock futures retreated on Thursday after chipmaker Micron’s outlook put a dent in tech-rally hopes, as investors braced for fresh economic data ahead of an inflation reading key to Federal Reserve policy. S&P 500 futures dropped roughly 0.2%, after rising Wednesday to close not far short of a new all-time high. Futures on the Dow Jones Industrial Average and the tech-heavy Nasdaq 100 also fell about 0.2%.

Memory maker Micron's shares slid almost 6% in pre-market trading. Nvidia was down 1.6%, reviving worries of a return to the sell-off that rattled markets last week, as other AI chip stocks came under pressure. Focus is also on updates on GDP and weekly jobless claims due before the market open, a day ahead of the PCE inflation print on Friday that will influence the Fed's thinking on timing of interest-rate cuts.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Dow leads stock market slide as rising Treasury yields rattle nervesA spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stock futures tumble as record-setting rally coolsInvestors are eyeing political turmoil in France as uncertainty about rate cuts dogs the market.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »