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Stock futures are flat after sell-off induced by hot inflation data
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U.S. stock futures were steady in overnight trading on Wednesday following a tech-driven sell-off on Wall Street.
Dow futures fell just 19 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures rose 0.05%.
Disney shares fell 4% in after-hours trading after the media giant missed on the top and bottom lines of its quarterly results. Disney+ subscribers also came in short of estimates.
The major averages dipped on Wednesday after a hot inflation report pushed up bond yields. The rise in
Read more on cnbc.comAbout this in other media
Stock futures are flat after rout in tech stocks cnbc.com /2 years ago
Total crypto market cap drops by 6.7%, but futures data finds a silver lining cointelegraph.com /2 years ago
Status check: Ethereum in full deflation mode as Eth2 merge gets closer cointelegraph.com /2 years ago
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