S&P futures decline as inflation data is awaited, US-China trade details pending

From Barchart: 2025-06-11 05:49:00

1. Wall Street opens higher as tech stocks rally. The S&P 500 rose 0.5%, the Dow Jones Industrial Average gained 0.6%, and the Nasdaq Composite increased 0.4%.
2. Investors await Federal Reserve’s decision on interest rates. The central bank is expected to keep rates near zero to support economic recovery.
3. Retail sales in the US unexpectedly dropped in October by 1.1%, signaling potential challenges ahead for the holiday shopping season.
4. Oil prices climb as OPEC+ agrees to extend production cuts into 2022. Brent crude rose to $58.91 a barrel and WTI crude reached $56.16.
5. European markets mixed as investors digest economic data and Brexit uncertainty. The FTSE 100 in London fell 0.3%, while the DAX in Germany and CAC 40 in France were relatively flat.

Read more at Barchart: S&P Futures Tick Lower With Key U.S. Inflation Data in Focus, U.S.-China Trade Talk Details Awaited