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A Peek Into The Markets: US Stock Futures Down Ahead Of Jobless Claims, Producer Price Data

May 12, 2022

U.S. stock futures traded lower in early pre-market trade after the Nasdaq Composite tumbled over 3% in the previous session. Investors are awaiting earnings results from US Foods Holding Corp. (NYSE:USFD), Motorola Solutions, Inc. (NYSE:MSI) and Tapestry, Inc. (NYSE:TPR).

Data on initial jobless claims for the latest week and Producer Price Index for April will be released at 8:30 a.m. ET. Federal Reserve Bank of San Francisco President Mary Daly will speak at 4:00 p.m. ET.

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