Dow Jones Futures Pare Gains, Treasury Yields Fall With Inflation Data Due; Nike Dives On Inventories
Dow Jones futures rose modestly Friday morning, along with S&P 500 futures and Nasdaq futures, but paring gains, while Treasury yields fall. Nike (NKE) and Micron Technology (MU) earnings are in focus with the Fed’s favorite inflation gauge on deck.
The stock market sold off hard Thursday, wiping out Wednesday’s gains. The S&P 500 hit fresh bear market lows. The Nasdaq composite has not quite undercut its June lows, but the big-cap Nasdaq 100 did, led by Apple stock and Tesla (<a class="ticker" href="https://research.investors.com/quote.aspx?symbol=TSLA"…