Stock Market Today: S&P 500, Nasdaq 100 Futures Slip As Inflation Fears Grip Wall Street—XP, Atmos Energ

U.S. stock futures were lower as the Nasdaq 100 index fell on Tuesday following Monday’s mixed close.Meanwhile, the 10-year Treasury bond yielded 4.60%, and the two-year bond was at 4.06%. The CME Group's FedWatch tool‘s projections show markets pricing a 98.8% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting. IndexPerformance (+/-)Dow Jones-0.02%S&P 500-0.13%Nasdaq 100-0.24%Russell 2000-0.09%Stocks In Focus

XP Inc. (NASDAQ:XP) was 6% lower in premarket on Tuesday as it reported worse-than-expected first-quarter financial results. The company also named Gustavo Alejo Viviani as CFO starting Aug. 3.

Benzinga’s Edge Stock Rankings indicate that XP maintains a weak price trend in the long term, short, and medium terms, with a solid value score.

Akamai Technologies

Akamai Technologies Inc. (NASDAQ:AKAM) declined 2.50% after announcing plans to commence a $1.3 billion senior notes offering.