From Nasdaq: 2024-04-10 09:23:54

Futures are down 1.4% after CPI release. Moderna and chip stocks performed well yesterday. Nvidia fell after Intel’s chip news. Analysts warn about high valuations creating volatility. Fed minutes and CPI data in focus today. 6.3% chance of rate cut in May. Delta Air Lines reports earnings today. Euro Stoxx 50 futures up 0.81%.

Asia stocks down on China credit outlook downgrade. Fitch cut outlook for China debt to negative. Alibaba climbs on Ma’s endorsement of CEO. Japan stocks down, await U.S. inflation data. BOJ considers raising inflation forecast. PriceSmart up, Aehr Test Systems down in pre-market trading. More earnings announcements today.

Key U.S. Earnings today: Delta Air Lines, Applied Digital, Pure Cycle, Richardson Electronics, Lakeland Industries. PriceSmart rises in pre-market after upbeat Q2 results. Aehr Test Systems falls after weak Q3 revenue. Monday.com downgraded, Visteon upgraded, Albemarle advances in pre-market trading. Check out more pre-market movers.



Read more at Nasdaq: S&P Futures Plummet After U.S. Inflation Data Released