Traders work on the floor of the New York Stock Exchange.<\/p>\n
NYSE<\/p>\n
Stock futures were little changed Thursday night after major U.S. indexes closed higher, buoyed by cool inflation data.<\/p>\n
S&P 500 futures<\/a> traded near the flatline, while Nasdaq 100 futures<\/a> lost 0.1%. Futures tied to the Dow Jones Industrial Average<\/a> dropped 86 points, or 0.2%.<\/p>\n In extended trading, Nike<\/a> shares slid 10%, as the sports apparel giant saw revenue in its Greater China market decline during the fiscal second quarter.<\/a> The company is also feeling the pain of tariff increases, noting a hit to its gross margins due to the levies.<\/p>\n The S&P 500<\/a> and the Dow<\/a> both snapped their four-day losing streaks in the previous session. The Nasdaq Composite<\/a> also rose, gaining 1.4%, as several tech stocks recouped losses from the day before.<\/p>\n Stocks on Thursday climbed after a lighter-than-expected inflation reading from November’s consumer price index report<\/a> and gains in the market’s tech leaders. The CPI data \u2014 which reflected a 2.7% year-over-year jump in consumer prices, lower than expected \u2014 gave investors hope that the Federal Reserve will lower interest rates in 2026. To be sure, some economists warned<\/a> that the methodology used in the data release \u2014 which was the first CPI report since the government shutdown this fall \u2014 could lead to a reacceleration in December’s inflation report. <\/p>\n Shares of big-name tech stocks and chipmakers also rose throughout the day after Micron Technology<\/a> gave robust guidance for revenues<\/a> in the current quarter, saying that “demand is substantially higher than supply for the foreseeable future.” The results reassured investors after recent sessions were swamped with jitters over the artificial intelligence trade. Each of the Magnificent Seven stocks closed Thursday in the green.<\/p>\n