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%.

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