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Barchart
Barchart
Oleksandr Pylypenko

S&P Futures Tick Lower With Focus on U.S. Inflation Data and Powell’s Testimony

March S&P 500 E-Mini futures (ESH25) are trending down -0.12% this morning as investors braced for the release of key U.S. inflation data while also awaiting further testimony from Federal Reserve Chair Jerome Powell.

In yesterday’s trading session, Wall Street’s main stock indexes closed mixed. DuPont de Nemours (DD) climbed over +6% and was the top percentage gainer on the S&P 500 after the industrial materials maker reported better-than-expected Q4 results. Also, Coca-Cola (KO) advanced more than +4% and was the top percentage gainer on the Dow after the beverage maker posted upbeat Q4 results. In addition, Intel (INTC) rose over +6% after U.S. Vice President JD Vance said the Trump administration would ensure that advanced artificial intelligence chips are manufactured in the country. On the bearish side, Fidelity National Information Services (FIS) plunged more than -11% and was the top percentage loser on the S&P 500 after the payment technology company issued below-consensus Q1 guidance. 

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