Stock futures are little changed after strong inflation data spooks investors: Live updates
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Stock futures remained flat on Thursday evening as investors analyzed corporate earnings and looked beyond the latest inflation reading. Dow Jones Industrial Average futures lost 10 points, while S&P 500 futures and Nasdaq 100 futures were little changed. After-hours, software provider Adobe dropped nearly 10% due to weak sales guidance, and beauty stock Ulta slid more than 6% after underwhelming full-year earnings forecast. Thursday’s retreat followed a day of losses on Wall Street, with the Dow slipping more than 100 points and the S&P 500 and Nasdaq each falling around 0.3%.