September S&P 500 E-Mini futures (ESU25) are down -0.27%, and September Nasdaq 100 E-Mini futures (NQU25) are down -0.47% this morning as investors trimmed risk ahead of the release of the Federal Reserve’s first-line inflation gauge, which could offer more insight into the interest-rate outlook.
Some negative corporate news is weighing on stock index futures, with Marvell Technology (MRVL) tumbling over -14% in pre-market trading after the chip designer posted in-line Q2 results and provided tepid Q3 revenue guidance. Also, Dell Technologies (DELL) slumped more than -6% in pre-market trading after reporting a slowdown in AI server orders in Q2 and a weaker-than-expected operating margin in its infrastructure unit.
