US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

Stock market futures fell early Tuesday ahead of the release of the April consumer price index (CPI) report, which is expected to show the first impact of President Donald Trump's tariffs on inflation.

The move in futures comes after a broadly positive day on Wall Street. The S&P 500 rose 0.72%, while the Nasdaq Composite climbed 1.61% for its fifth straight positive session. The Dow fell 0.64%, weighed down by UnitedHealth, but is still up on the week.

Monthly data for the consumer price index showed that prices rose 0.2% in April, which is what analysts on Wall Street had forecasted. That puts CPI at 2.3% year-over-year and core CPI at 2.8%. Bullish stock-index futures traders appeared pleased with the data.

U.S. stock futures point lower after yesterday's market rally, President Donald Trump begins a four-day Middle East tour that is expected to result in several business deals, and UnitedHealth shares sink after the company's CEO steps down.

Asia-Pacific markets were set to climb Wednesday, after Wall Street benchmarks mostly rose on easing U.S.-China trade tensions. Japan's benchmark Nikkei 225 is set to open higher, with the futures contract in Chicago at 38,365 while its counterpart in Osaka last traded at 38,300, against the index's last close of 38,183.26.

Stocks are soaring Monday as investors cheer weekend talks that saw China and the U.S. agree to slash tariffs on each other for at least 90 days. Data indicate that institutions were already lagging behind the stock-market bounce that had seen the S&P 500 take back much of its post-April 2 selloff,

Stock futures were little changed in overnight trading following a big rally, as investors look ahead to a key inflation report Tuesday morning. Futures on the Dow Jones Industrial Average inched up 24 points. S&P 500 futures and Nasdaq 100 futures were both flat.

Stock futures on Wall Street surged Sunday evening ... in tensions between the world’s two largest economies. The market-friendly momentum followed a weekend of high-level trade talks in ...

Stock futures indicated a higher start for the open, with Dow Industrials up nearly 0.5%, S&P stock futures up 1.0% and Nasdaq futures gaining 1.4%, while most European markets were closed.

Dow Jones futures dropped Tuesday after a surprise CPI inflation report. UnitedHealth plunged after suspending its 2025 outlook.