Vanguard S&P 500 ETF is trading 1.1% down today as traders de-risk ahead of the 8:30 AM ET U.S. CPI and real earnings releases, which could reshape expectations for Federal Reserve rate cuts.
- Global risk sentiment weakened overnight, with sharp declines in the Nikkei 225 and FTSE 100 alongside lower commodity prices.
- U.S. equity futures point lower, pressuring growth- and tech-heavy indices as markets await critical economic data that may shift the outlook for interest rates.