- Nasdaq futures drop 0.60 %
- S&P 500 futures tick down 0.48%
US stock futures slump early Tuesday as investors keep a close watch on critical inflation data anticipated later this week.
Dow Jones Industrial Average futures decreased 0.43 %. The S&P 500 futures ticked down 0.48% and the Nasdaq futures dropped 0.60%.
During the regular trading on Monday, the Dow Jones Industrial Average crawled upwards by 16.08 points, or less than 0.1%, at 32,915.78 after periodically dipping into negative territory.
The S&P 500 was up by 12.89 points, or 0.3%, at 4,121.43, while the Nasdaq Composite gained 48.64 points, or 0.4%, to end at 12,061.37.
In terms of economic data, the consumer price index reading for May is expected out Friday. If the result is lower than predicted, some could view it as a sign that inflation has peaked, CNBC stated.
The 10-year Treasury note yield declined to 3.02 % after rising to the highest level in over a month on Monday.
Picture Credits: Reuters
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