Stock Market News
Futures turn negative after inflation data
2022.05.11 16:02
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2022. REUTERS/Brendan McDermid
(Corrects syntax in headline)
(Reuters) – U.S. stock index futures turned negative in volatile trading on Wednesday as consumer prices rose more than expected in April, fueling concerns about aggressive monetary tightening.
At 08:31 a.m. ET, Dow e-minis were down 2 points, or 0.01%, S&P 500 e-minis were down 6.25 points, or 0.16%, and Nasdaq 100 e-minis were down 52 points, or 0.42%.
