Benzinga · Mar 10, 2022
A Peek Into The Markets: US Stock Futures Down; Inflation Data In Focus
Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones jumped more than 650 points in the previous session. Investors are awaiting earnings results from Oracle Corporation (NYSE: ORCL), JD.com, Inc. (NASDAQ: JD) and Ulta Beauty, Inc. (NASDAQ: ULTA). Data on initial jobless claims and the Consumer Price Index for February will be released at 8:30 a.m. ET. The U.S. Treasury budget statement for February will be released at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average dropped 126 points to 33,139.00 while the Standard & Poor’s 500 index futures fell 12.25 points to 4,263.00. Futures for the Nasdaq index fell 58.50 points to 13,676.25. Oil prices traded higher as Brent crude futures rose 3.9% to trade at $115.48 per barrel, while US WTI crude futures rose 2.8% to trade at $111.74 a barrel. The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET. The U.S. has ...

