S&P 500 futures retreat from record after data showing sticky inflation, weakening labor market: Live updates

Some stocks are making big moves in premarket trading: Delta Air Lines – Shares fell nearly 5% after the airliner provided disappointing fourth-quarter revenue guidance . Delta anticipates revenue will rise between 2% and 4% from a year earlier, less than the 4.1% estimate, per LSEG. Third-quarter earnings per share and revenue also came in below expectations. 10x Genomics – Shares fell around 26% after the single-cell market leader announced it expects third-quarter revenue to come in at $151.

7 million , which is about a 1% decrease from the same period a year ago. CEO Serge Saxonov said the transition the company experienced due to recent changes to its commercial processes and organization was 'more disruptive than we anticipated, especially in the Americas.' CVS Health – Shares of the pharmacy chain added 1.9% on the back on an upgrade to overweight from equal weight by Barclays. The firm said there's a 'compelling margin recovery opportunity' for CVS.

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