Trading in the S&P 500 futures increased on Friday as investors processed new data on the PPI, the Federal Reserve’s favoured inflation gauge.
An excellent first half of the year is coming to an end, and they are also counting down.
Although Nasdaq-100 futures gained 0.5%, those linked to the broad market index saw a 0.4% increase.
30-point, or 0.1%, gain was made in Dow Jones Industrial Average futures. As the athletic retailer lowered its full-year guidance, Nike shares fell more than 14% in premarket trading.
With empathy, Foot Locker’s stock dropped 5.3%. Only 0.1% increased in May compared to the previous year for the Core PCE.
Source (CNBC)
