S&P 500 Futures Edge Higher Ahead of Key Inflation Data

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US stock futures pointed higher Friday morning, with E-mini S&P 500 contracts up about 0.3% and Nasdaq-100 futures ahead roughly 0.5%, as investors awaited the June US PCE price index. The headline PCE is expected to dip 0.1% month on month, while the core reading is seen up 0.2%, suggesting inflation is easing slowly but remains above the Federal Reserve's 2% target. Second quarter US GDP is projected at 2.1% annualised, supported by consumer spending and AI-related investment. Among top movers, Nebius Group surged 27.13% ahead of its Q2 2026 earnings release, Bloom Energy jumped 26.49% after analyst updates and raised 2026 revenue guidance, and Sandisk gained 25.99%. On the losing side, Alnylam Pharmaceuticals fell 28.31% after narrowing quarterly guidance and reducing its full-year product revenue target, Fair Isaac declined 17.01% following Q3 results and a sharply lower price target from RBC, and Tradeweb Markets dropped 9.60% after its Q2 earnings update.

Impact on assets 14

Biotech & Genomic Medicine▼ · 3 stocks
Financials▼ · 3 stocks
Energy Transition & Power Demand▲ · 2 stocks
Artificial Intelligence± Mixed · 2 stocks
Semiconductors▲ · 1 stocks
Sandisk Corp
SNDK
▲ PositiveCapitalrelevance

Gained after analyst updates and raised guidance

Consumer Staples▲ · 1 stocks
Energy▲ · 1 stocks
Health Care▲ · 1 stocks
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