Dow Jones futures rose ahead of key inflation reports while Meta Platforms fell sharply after earnings disappointed investors.
Dow Jones Industrial Average futures climbed 0.5% Thursday morning as traders positioned for critical inflation data later in the session. S&P 500 futures also advanced, reflecting cautious optimism before economic releases that could influence Federal Reserve policy decisions.
Earlier, Meta Platforms (META) shares plunged following its quarterly earnings report, which failed to meet market expectations. Microsoft (MSFT) also moved on earnings, while Amazon (AMZN) and Apple (AAPL) were set to report after the market close. Oil prices surged, adding to market volatility.
AI and semiconductor stocks rebounded from recent declines, though analysts cautioned against overinterpreting the move. The broader market remained focused on inflation metrics, which could shape interest rate expectations.