Friday, April 10

US Stock Market Today S&P 500 Futures Slip As Inflation Jitters Meet Rate Relief


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US stock futures are slightly softer this morning, with E-mini S&P 500 and Nasdaq-100 contracts dipping about 0.1%, as investors weigh hotter inflation signals against some relief on borrowing costs. Markets expect March consumer prices to sit near 3.3% overall, with a 0.9% monthly rise and core inflation around 2.7%, which means the cost of living is still climbing faster than many would like. At the same time, 30 year mortgage rates have eased to 6.37%, giving homebuyers a little breathing room. The big question now is whether the Federal Reserve leans toward more rate pressure, which would keep interest sensitive areas like housing, banks and growth focused technology stocks in the spotlight.

Worried about inflation and interest rate surprises? Focus on 73 resilient stocks with low risk scores before the next big move.

  • Bloom Energy (BE) jumped 9.10% as investors responded to fresh analyst attention and recent price target updates.

  • Nebius Group (NBIS) gained 9.06% after reports of AI21 Labs talks and a bullish new analyst initiation.

  • Sandisk (SNDK) climbed 9.05% following multiple price target raises from major Wall Street firms.

Is Sandisk still a smart investment or just hype? Read our most popular narrative and get all the answers you need.

BE 1-Year Stock Price Chart
BE 1-Year Stock Price Chart
  • Texas Pacific Land (TPL) declined 15.68% after the company reported the passing of long time board member Murray Stahl.

  • Snowflake (SNOW) declined 11.83% following recent news on Snowflake Native Apps partnerships in healthcare.

  • Zscaler (ZS) declined 11.33% after shares fell sharply in recent trading.

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TPL 1-Year Stock Price Chart
TPL 1-Year Stock Price Chart

Housing data and central bank signals will steer rate expectations, with global credit trends adding another layer for equities.

  • US Housing: March Existing Home Sales on Monday will gauge how 6.37% mortgages are affecting housing activity.

  • Housing Momentum: March Existing Home Sales MoM on Monday will show whether February’s 1.7% gain is fading.

  • China Credit Pulse: March New Yuan Loans on Monday will hint at global demand and commodity financing appetite.

  • Australia Rates: RBA Hauser Speech on Monday night could hint at global rate path thinking outside the Fed.

  • UK Consumer: March BRC Retail Sales Monitor YoY on Monday night will color views on discretionary spending trends.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com



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