U.S. stock futures muted after chip losses drag Wall Street; CPI data awaited Ayushman Ojha Tue, October 13, 2026 at 9:24 PM EDT 2 min read ^DJI -0.35% MU -3.62% AMAT -6.69% AVGO +0.73% ^GSPC -0.02% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Investing.com-- U.S. stock futures were little changed on Tuesday evening after Wall Street ended lower on chipmaker losses, as investors awaited September's consumer inflation report for clues on the Federal Reserve's interest-rate outlook.
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S&P 500 Futures traded flat at 7,855.75 points, while Nasdaq 100 Futures were unchanged at 30,793.75 points by 20:34 ET (00:34 GMT). Dow Jones Futures edged down 0.1% to 51,894.0 points.
In the regular session, the S&P 500 ended largely flat, while the Nasdaq Composite lost 0.2% and the Dow Jones Industrial Average dropped 0.4%.
Semiconductor stocks remained under pressure, with the Philadelphia Semiconductor Index falling for a fifth consecutive session.
Micron Technology (NASDAQ:MU) fell 3.6%, and Applied Materials (NASDAQ:AMAT) dropped nearly 7%.
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Concerns about growing competition from China's ChangXin Memory Technologies and uncertainty over returns from artificial intelligence investments weighed on sentiment. Broadcom (NASDAQ:AVGO) Chief Executive Hock Tan had compared some investment flows into the sector to casino gambling, adding to concerns about elevated valuations and speculative spending.
Investors were also assessing mixed third-quarter results from major U.S. banks at the start of the earnings season.
Citigroup (NYSE:C) fell 5.6% despite beating profit expectations, while Goldman Sachs (NYSE:GS) slipped 0.2%.
Wells Fargo (NYSE:WFC) dropped 3.1% after its net interest income missed estimates, and JPMorgan (NYSE:JPM) declined 0.9% after reporting a rare quarterly profit shortfall.
The focus now shifts to Wednesday's consumer price index report, which could influence expectations for the Federal Reserve's next policy moves. Economists expect the September data to provide a clearer picture of inflation pressures as higher energy costs and geopolitical tensions complicate the outlook.
Oil prices, government bond yields and developments in the Middle East remain key drivers of market sentiment. Brent prices rose in Asian trading Wednesday to near $107 per barrel.
Elevated crude prices have raised concerns that inflation could prove persistent, potentially limiting the central bank's scope to ease monetary policy. Traders widely expect the Fed to hold interest rates steady this month, although a rate increase in December remains a possibility.
U.S. stock futures muted after chip losses drag Wall Street; CPI data awaited
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