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Equity futures pointed lower Thursday morning. Several technology companies posted mixed pre-market moves while some individual stocks rose or fell on company-specific news.
SemaforU.S. stock futures declined ahead of the cash market open. The S&P 500 futures fell 0.5 percent, Nasdaq-100 futures dropped 1.1 percent, and Russell 2000 futures slipped 0.6 percent. Among the seven largest technology companies by market value, Microsoft shares rose 0.5 percent in pre-market trading while Tesla gained 0.1 percent.
Broadcom shares fell 1.7 percent after the company posted a 12.6 percent loss the previous session following its earnings report. Google Cloud has reduced staff levels, according to the report.
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cnbc.comThe report details persistent inflation pressures from tariffs, energy costs and AI investment. It also covers moderate GDP growth and a stable labor market as of mid-2026.
insightsonindia.comThe benchmark fell sharply on Monday as rising oil prices from Gulf tensions and a selloff in semiconductor stocks weighed on the market.
news.sky.comThe consumer price index rose 3.5 percent from a year earlier in June after a sharp monthly drop in energy prices. Core inflation eased to 2.6 percent over the same period.