After ending yesterday's wild rise mostly higher, stocks are likely to move back to the downside in early trading on Friday. The major index futures are currently pointing to a sharply lower open for the markets, with the S&P 500 futures down by 1.2 percent.
The futures came under pressure following the release of a report from the Commerce Department showing an unexpected acceleration in the annual rate of growth by core consumer prices, which exclude food and energy prices.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.