US Futures Pare Some Losses But Remain in the Red

2026-06-10 12:53 By Joana Taborda 1 min. read

US stock futures pared some losses but remained in negative territory on Wednesday, with S&P 500 futures down 0.5%, Nasdaq 100 falling 0.8%, and Dow Jones losing around 250 points.

Investors digested the latest CPI report, which showed annual inflation accelerating to 4.2% in May, in line with expectations, while core monthly inflation slowed more than anticipated to 0.2%.

The data provided some relief that the energy shock has not yet significantly spilled over into broader price pressures.

Following the release, traders slightly reduced expectations for Fed rate hikes this year, although a 25bps increase in December remains fully priced in.

Meanwhile, sentiment continued to be weighed down by renewed weakness in tech stocks as concerns over elevated valuations resurfaced.

Geopolitical tensions also remained in focus, with Iran and the US continuing to exchange strikes.

In premarket trading, Nvidia fell 1.4%, Broadcom lost 1.3%, and Micron Technology dropped 2%.



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2026-06-10
US Futures Pare Some Losses But Remain in the Red
US stock futures pared some losses but remained in negative territory on Wednesday, with S&P 500 futures down 0.5%, Nasdaq 100 falling 0.8%, and Dow Jones losing around 250 points. Investors digested the latest CPI report, which showed annual inflation accelerating to 4.2% in May, in line with expectations, while core monthly inflation slowed more than anticipated to 0.2%. The data provided some relief that the energy shock has not yet significantly spilled over into broader price pressures. Following the release, traders slightly reduced expectations for Fed rate hikes this year, although a 25bps increase in December remains fully priced in. Meanwhile, sentiment continued to be weighed down by renewed weakness in tech stocks as concerns over elevated valuations resurfaced. Geopolitical tensions also remained in focus, with Iran and the US continuing to exchange strikes. In premarket trading, Nvidia fell 1.4%, Broadcom lost 1.3%, and Micron Technology dropped 2%.
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