U.S. stock futures fell on Wednesday, as the Nasdaq 100, S&P 500, and the Dow Jones indices declined, following Tuesday’s mixed close.Investors are closely watching the upcoming May CPI release before the market opens, which FactSet data estimates will show a 4.2% year-over-year increase. If accurate, this uniform projection across surveyed analysts would mark the largest annual rise in consumer prices since April 2023.This came right after Trump posted early Monday that “both sides, Israel and Iran, are looking to do an immediate ceasefire,” shortly before Iran’s armed forces said they had ended military operations against Israel. Meanwhile, the 10-year Treasury bond yielded 4.53%, and the two-year bond was at 4.14%. The CME Group's FedWatch tool‘s projections show markets pricing a 98.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.IndexPerformance (+/-)Dow Jones-0.45%S&P 500-0.54%Nasdaq 100-0.88%Russell 2000-0.64%Stocks In FocusSuper Micro Computer
Benzinga’s Edge Stock Rankings indicate that SMCI maintains a strong price trend in the short, medium, and long terms, with a solid growth ranking.
Casey’s General Stores
Benzinga’s Edge Stock Rankings indicate that CASY maintains a strong price trend in the long and medium terms but a weak trend in the short term, with a moderate value score.
