Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Oleksandr Pylypenko

S&P Futures Slip With U.S. GDP and PCE Inflation Data in Focus, Microsoft and Meta Earnings on Tap

June S&P 500 E-Mini futures (ESM25) are trending down -0.30% this morning as investors cautiously await a barrage of U.S. economic data, including the Fed’s favorite inflation gauge and the first estimate of first-quarter GDP, as well as earnings reports from “Magnificent Seven” companies Microsoft and Meta.

Some negative corporate news is weighing on stock index futures, with Super Micro Computer (SMCI) tumbling over -14% in pre-market trading after the artificial intelligence server maker reported weaker-than-expected preliminary FQ3 results. Also, Starbucks (SBUX) slid over -6% in pre-market trading after the coffee chain posted weaker-than-expected FQ2 results.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.