Welcome to Trader WorkStation

US Stock Market Today: S&P 500 Futures Edge Lower As Inflation Worries Linger

US stock futures are slightly softer, with E-mini S&P 500 contracts slipping about 0.1%, as investors weigh stubborn inflation worries against a resilient tech backdrop. The US 10-year Treasury yield sits near 4.32%, keeping borrowing costs elevated for mortgages, car loans, and corporate debt. At the same time, the University of Michigan consumer sentiment index is at 49.8, the weakest on record, while households see year-ahead inflation at 4.7%. The key question now is whether high living costs and higher interest rates start to pressure consumer-focused sectors and real estate more than cash-rich tech and semiconductor names.

Read More