U.S. stock futures are mixed as investors ready for key inflation data; economists expect today’s Consumer Price Index (CPI) release to show an inflation uptick in November; graphics software maker Adobe (ADBE) is expected to grow revenue and profit on optimism over its artificial intelligence (AI) products; Alphabet (GOOGL) stock is rising further in premarket trading after jumping Tuesday on enthusiasm over its Willow quantum computing chip; and General Motors (GM) ends its Cruise robotaxi program. Here’s what investors need to know today.
U.S. stock futures are mixed ahead of key inflation data scheduled for release this morning. Following a second straight day of market declines spurred by tech sector weakness, Nasdaq futures are edging higher, while S&P 500 futures are little changed and Dow Jones Industrial Average futures are slightly lower. Bitcoin (BTCUSD) is trading above $98,000, while gold and crude futures also are higher. Yields on the 10-year …