US stock index futures pointed toward a lower opening on Wall Street as investors adopted a cautious stance ahead of key economic data. Dow Jones futures dropped by more than 200 points, signaling defensive positioning across major benchmarks. The S&P 500 futures declined by 0.41%, while the tech-heavy Nasdaq-100 futures eased by 0.55% in pre-market trading. Market participants are focused on Friday's Consumer Price Index (CPI) report to gauge the future trajectory of inflation. The upcoming data is expected to play a crucial role in shaping the Federal Reserve's outlook on interest rate adjustments. This risk-off sentiment follows a previous session of selling in the technology sector, highlighting heightened market sensitivity to macro indicators.
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