S&P Futures Tick Lower Ahead of Key U.S. PPI Data

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June S&P 500 futures (ESM23) are trending down -0.10% this morning after three major U.S. benchmark indices ended the regular session mixed as market participants digested a tamer-than-expected U.S. inflation report while also awaiting crucial U.S. PPI data. In Wednesday’s trading session, the tech-heavy Nasdaq 100 outperformed major benchmarks as the U.S. Treasury yields plunged after a report showed U.S. inflation moderated slightly in April, sparking a rally in mega-cap technology stocks. Also, Alphabet Inc (GOOGL) rose more than +4% after the company unveiled new gadgets and details on its…

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