Business
Stock Futures Fall as Inflation Fears Resurface
Stocks were on track to open lower on Wednesday after a jump in oil prices revived fears that a flare-up in inflation could drag down the market.
S&P 500 futures declined 0.4%. Nasdaq 100 futures fell 0.8%. Dow Jones Industrial Average futures slipped 76 points, or 0.1%.
The three major indexes all snapped three-day losing streaks in the previous session thanks to a strong rebound in chip stocks, although worries remain about how long the artificial-intelligence spending boom can last.
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