On Thursday, US stock futures slightly advanced in the trading market amid the soaring American inflation data.
Accordingly, the Dow futures slightly rose 0.02% or 7.00 points to $35,999.00 per share.
Similarly, the contracts in the S&P 500 advanced 0.15% or 7.00 points to $4,649.00 per share.
At the same time, the Nasdaq futures elevated 0.24% or 37.00 points to $16,016.75 per share.
On Wednesday, the consumer price index (CPI) amplified to 0.20% from a year ago, surpassing the projected 0.40%.
Following the persistent inflation data, investors moved up their expectations on when the first Federal Reserve rate hike would occur.
Meanwhile, some stocks made huge moves in the after-hours trading as US stock futures improved.
For instance, the Walt Disney Company plummeted 4.56% or 7.95 points to $166.50 per share in the after-hours trading.
The plunge came after the media giant failed to touch the top and bottom lines of its fourth-quarter 2021 results, mirroring slower streaming growth.
Its earnings per share fell to $0.37 on revenue of $18.53 billion from the expected $0.51 on $18.79 billion.
In addition, Disney+ subscribers lowered to 118.10 million, missing the analysts’ estimate of $125.40 million.
Conversely, Affirm surged 27.33% or 36.50 points to $170.03 in post-trading. This is after it announced the expansion of its partnership with Amazon.
In line with this, the fintech business will serve as the sole third-party buy now, pay later option for the e-commerce giant in America.
Subsequently, its first-quarter fiscal 2022 revenue edged higher to $269.40 million from the forecasted $248.20 million.
Likewise, finance company SoFi soared 12.39% or 2.53 points to $22.95 per share after it reported solid third-quarter earnings.
Meanwhile, Wall Street indexes closed lower as US stock futures climbed.
The benchmark Dow Jones Industrial Average tumbled 0.66% or 240.04 points to $36,079.94 per share.
Also, the S&P 500 index shed 0.82% or 38.54 points to $4,646.71 per share.
Correspondingly, the Nasdaq Composite index fell 1.66% or 263.84 points to $15,622.70 per share.
Moreover, shares in the Asia-Pacific region mixed as US stock futures gained.
In Japan, the Nikkei 225 index increased 0.47% or 127.88 points to $29,235.02 per share.
Then, the broader TOPIX index jumped 0.23% of 4.67 points to $2,012.74 per share.
In China, the Shanghai Composite index strengthened 0.69% or 24.69 points to $3,516.95 per share.
Inversely, Hong Kong’s Hang Seng index curtailed by 0.13% or 22.84 points to $24,967.01 per share.
In Australia, the S&P/ASX 200 index reduced 0.61% or 45.40 points to $7,378.50 per share.
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