economy
Stock futures fall as investors weigh Iran deal progress and await key reading on inflation: Live updates
U.S. equity futures were lower on Sunday as Wall Street awaited the release of inflation data that is closely watched by the Federal Reserve.
TL;DR
- U.S. stock futures opened lower, with S&P 500, Nasdaq-100, and Dow Jones futures declining.
- Asian markets traded mixed, with Japan's Nikkei 225 hitting a record high, while Hong Kong's Hang Seng index fell.
- Brent and WTI oil futures fluctuated following reports of a 60-day roadmap agreement between U.S. and Iranian officials.
- Investors are awaiting the May personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge.
- Korean Air shares dropped significantly due to projected integration costs for its unit, Asiana.
- The market experienced a comeback on Thursday after Wednesday's sell-off, driven by a rise in chip stocks.