As traders await widely watched inflation data, S&P 500 futures rose on Friday.
In addition, they are counting down to the year’s end after an impressive first half. Nasdaq-100 futures saw a 0.5% increase, while those linked to the broad market index saw a 0.4% increase.
Less than 0.1%, or 15 points, were added to Dow Jones Industrial Average futures. Nike’s premarket share price fell more than 14% following the athletic retailer’s reduction of its full-year outlook.
In reaction, Foot Locker’s stock fell 5.3%. These actions come after a quiet day on Wall Street as investors wait anxiously for the release on Friday morning of May’s core PCE, or personal consumption expenditures price index.
The Nasdaq increased by less than 1%, while the Dow and S&P 500 also slightly increased.
Source (CNBC)
