Pre-Market Jitters on Wall Street

As the clock ticks down to the release of the latest U.S. inflation figures, major stocks on Wall Street have taken a dip in the pre-market session. Investors are on edge, waiting for data that could influence the market's direction.

Key Data and Testimonies on the Horizon

Alongside the inflation report, the U.S. is set to unveil mortgage data. Adding to the day's significance, Federal Reserve Chair Jerome Powell continues his testimony before Congress, offering insights into the economic landscape.

Eyes on Earnings

After the market closes, all eyes will be on Robinhood, Reddit, and Cisco as they report their quarterly earnings, potentially swaying market sentiments.

Market Movements

At 4:29 am ET, the Dow Jones Industrial Average saw a slight decrease of 0.17%, with the S&P 500 and NASDAQ 100 also experiencing minor drops of 0.18% and 0.14%, respectively. Meanwhile, the euro remained steady against the dollar, trading at 1.03713 at 4:28 am ET.