US equity futures edged lower on Thursday ahead of key economic data releases, with the Dow Jones futures down 0.02% to around 52,890 during European trading hours, according to FX Street. The S&P 500 and Nasdaq 100 futures also declined by 0.06% and 0.24%, trading near 7,610 and 29,620 respectively.
Deutsche Bank highlighted that softer US producer inflation has led to a dovish repricing of Federal Reserve policy, which helped keep the S&P 500 close to record highs. Meanwhile, strong earnings from BlackRock and a rally led by Apple’s mega-cap stocks offset ongoing weakness in semiconductor shares.
Asian markets fell as chip stocks extended their sell-off, reflecting concerns in that sector. For Japanese investors, these movements underscore the continuing influence of US inflation data and tech sector dynamics on global equities, impacting FX and broader market strategies.