U.S. stock futures are mixed this morning as investors cautiously await the release of key March inflation data. Overseas, a fragile ceasefire in the Middle East has helped stabilize sentiment, with European markets trading higher.
Stocks to Watch: * BlackRock, Inc.: The asset manager reports earnings pre-market today, with options implying a potential price move of +/- 2.16%. * Amazon.com, Inc.: Shares gained over 5% yesterday after its CEO highlighted benefits from AI investment, particularly in its in-house chip business. * Constellation Brands, Inc.: The stock surged more than 8% yesterday following an earnings beat, signaling strong consumer performance. * Intel Corporation: The chipmaker continued its advance yesterday as investors focus on its expanding role in AI.
Looking ahead, all eyes will be on the March CPI report at 8:30 AM ET, as its inflation reading will be critical for shaping market expectations.