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US futures fall after inflation report
U.S. stock index futures experienced a slight decline after higher-than-expected inflation data for July was released, with the S&P 500 down by 0.1%, the Nasdaq dropping 0.3%, while the Dow Jones rose by 0.1%. Market attention was focused on the Personal Consumption Expenditures (PCE) index report, which showed a monthly increase of 0.2% and an annual rise of 3.7%, sparking concerns about persistent inflationary pressures amid increasing tensions resulting from the Middle East conflict. Investors are also awaiting the quarterly earnings report from Nvidia, which is expected to generate revenues of $92.18 billion.
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