Stock Futures Dip Ahead of Key Inflation Data
U.S. stock futures edged lower Sunday evening as investors braced for a week packed with macroeconomic catalysts. The S&P 500 hovered just below record levels, while Nasdaq 100 and Dow Jones Industrial Average futures showed modest declines. All three major indices notched their second consecutive weekly gain, with the S&P 500 closing above 6,000 for the first time since February.
Market participants await critical inflation readings this week, with May's Consumer Price Index due Wednesday and Producer Price Index data Friday. These metrics could reshape expectations for Federal Reserve policy. Meanwhile, U.S.-China trade talks resume in London, and Apple's Worldwide Developers Conference kicks off - events that may Ripple across tech-heavy indices.
