Stock futures are little changed as Wall Street awaits Fed's preferred inflation reading: Live updates

Published On Nov 26, 2024, 6:03 PM

U.S. stock futures were largely unchanged as traders awaited key inflation data from the Federal Reserve. The Dow Jones, S&P 500, and Nasdaq futures showed mixed movements ahead of the release of the personal consumption expenditures (PCE) index, which is crucial for assessing future interest rate changes. In corporate news, Dell Technologies shares dropped over 10% after disappointing revenue forecasts, while Workday's stock also fell 10% due to lower subscription revenue estimates. HP shares slid 7% following weaker earnings guidance. Overall, despite mixed signals, there's optimism from the Fed's comments about gradual interest rate cuts and strong performance in small-cap stocks this month.