Traders work at the New York Stock Exchange on Feb. 10, 2026. <\/p>\n
NYSE<\/p>\n
Stock futures were relatively unchanged on Friday, a day after a downbeat session for the U.S. stock market, as a key consumer inflation report<\/a> failed to ignite a meaningful rally.<\/p>\n S&P 500 futures<\/a> rose 0.1%, while Nasdaq 100 futures<\/a> climbed 0.2%. Futures tied to the Dow Jones Industrial Average<\/a> were up 43 points, or 0.1%.<\/p>\n On Friday, the Bureau of Labor Statistics reported that the consumer price index \u2014 which measures the costs for goods and services in the U.S. economy \u2014 rose 0.2% in January, reflecting a gain of 2.4% on an annualized basis. The inflation gauge was expected to show a 0.3% increase on a month-over-month basis and a 2.5% advance from a year earlier, according to economists polled by Dow Jones.<\/p>\n When excluding volatile food and energy prices, core CPI came in line with expectations at 0.3% on the month and 2.5% year over year, however.<\/p>\n “Today’s inflation report is a relief for investors rattled by AI disruptions in the stock market. It also offsets this week’s strong payrolls report, giving the Fed a little more reason to lean dovish. However it’s still well above the central bank’s target and does little to move the needle near term,” said David Russell, global head of market strategy at TradeStation. “Policy expectations are going nowhere in a hurry.”<\/p>\n In early trading, semiconductor giant Applied Materials<\/a> jumped 10% on the back of strong earnings results and encouraging outlook. Airbnb<\/a> shares rose 5% as investors cheered the rental company’s upbeat guidance<\/a>. Pinterest<\/a> shares, by contrast, slipped 22% after the company posted fourth-quarter results<\/a> that missed expectations and issued a weak forecast.<\/p>\n Major U.S. averages dropped on Thursday as fears around artificial intelligence disruption spread across the market, most notably into real estate<\/a>, trucking<\/a> and software sectors. The\u00a0S&P 500<\/a>\u00a0dropped nearly 1.6%, while the\u00a0Nasdaq Composite<\/a>\u00a0lost about 2%. The\u00a0Dow Jones Industrial Average<\/a>\u00a0shed almost 670 points, or 1.3%. <\/p>\n Each of the “Magnificent Seven” tech giants closed in the red. A 12% slide in Cisco Systems<\/a>, driven by the company’s disappointing guidance<\/a>, weighed on the broader market. Apple<\/a> lost 5% during the regular session, notching its worst single-day loss<\/a> since April 2025. <\/p>\n