U.S. stock futures were trading near the flatline Thursday evening as investors looked ahead to August’s Personal Consumption Expenditures (PCE) price index report. The PCE is the Fed’s preferred measure of inflation, and economists expect the data to show an uptick. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.18%, 0.01%, and 0.06%, respectively, at 11:53 p.m. EDT on September 25.
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The three major U.S. indices fell again on Thursday. Leading the decline were major AI firms, including Oracle (ORCL), Meta (META), and Tesla (TSLA).
Further, the major indices are headed to close the week in the red. The S&P 500, the Nasdaq Composite, and the Dow Jones ended the session down 0.50%, 0.50%, and 0.38%, respectively.
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