Traders work at the New York Stock Exchange on August 20, 2025.<\/p>\n
NYSE<\/p>\n
U.S. equity futures fell on Friday as investors took some money off the table into a long weekend following a new S&P 500 record and solid Nvidia earnings this week. New inflation data showed rising prices was still a risk heading into the new month.<\/p>\n
Futures tied to the Dow Jones Industrial Average<\/a> slipped 102 points, or 0.4%. S&P 500 futures<\/a> pulled back 0.3%, while Nasdaq 100 futures<\/a> declined 0.4%.<\/p>\n Core PCE, a key inflation measure watched by the Federal Reserve which excludes the costs of food and energy, increased 2.9% in July<\/a>, in-line with expectations but an acceleration from the prior month and the highest level since February.<\/p>\n “The Fed opened the door to rate cuts, but the size of that opening is going to depend on whether labor-market weakness continues to look like a bigger risk than rising inflation,” said Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management. “Today’s in-line PCE Price Index will keep the focus on the jobs market. For now, the odds still favor a September cut.”<\/p>\n Nvidia<\/a> shares extended their recent losses, falling about 1% in the premarket, after the Wall Street Journal reported that Chinese e-ecommerce giant Alibaba<\/a> has created a more advanced chip<\/a> as it looks to fill the gap left by Nvidia running into issues around selling its chips in China. U.S. shares of Alibaba were up more than 2%.<\/p>\n Nvidia finished slightly lower on Thursday after reporting strong 56% revenue growth for the prior quarter and largely validating the AI trade for investors.<\/p>\n Additionally, Caterpillar shares lost nearly 3% in premarket trading after the company warned it could tat a $1.5 billion-$1.8 billion hit this year due to tariffs. Shares of Dell Technologies<\/a> slipped 5% following a soft outlook<\/a> for the current quarter.<\/p>\n Stocks are coming off a winning session, with the S&P 500 closing above the 6,500 mark for the first time. Thursday’s gains put the indexes on track to close out August with solid gains. The 30-stock Dow has logged a 3.4% advance in August, while the S&P 500 has tallied a 2.6% advance. The tech-heavy Nasdaq has also seen an August gain of 2.8%.<\/p>\n The market is hitting new highs into a long weekend and month that has historically been poor for major benchmarks. September was the biggest losing month for the S&P 500, Dow and Nasdaq since 1950, according to The Stock Trader’s Almanac. The S&P 500 averages a 0.7% decline for the month.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work at the New York Stock Exchange on August 20, 2025. NYSE U.S. equity futures fell on…\n","protected":false},"author":2,"featured_media":105441,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[11854,52907,1386,45,161,49,48,95,52908,49219,100,49221,1369,49220,3097,52909,772],"class_list":["post-105440","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-alibaba-group-holding-ltd","tag-autodesk-inc","tag-breaking-news-markets","tag-business","tag-business-news","tag-ca","tag-canada","tag-china","tag-dell-technologies-inc","tag-dow-jones-fut-sep25","tag-markets","tag-nasdaq-100-fut-sep25","tag-nvidia-corp","tag-sp-500-fut-sep25","tag-stock-markets","tag-ulta-beauty-inc","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/105440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=105440"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/105440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/105441"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=105440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=105440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=105440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}