S&P 500 and Nasdaq futures slide as inflation concerns weigh on markets

May 18, 2026, 12:15:16 AM UTC(4 hours ago)
Impact: Medium
S&P 500 and Nasdaq futures slide as inflation concerns weigh on markets

Affected Assets

  • Federal Reserve meeting minutes from May 2024 revealed concerns over persistent inflation and a lack of progress toward the 2 percent target
  • Market participants adjusted expectations for interest rate cuts with many now anticipating the central bank will keep rates unchanged for longer
  • Technology stocks faced additional pressure as Treasury yields remained elevated following hawkish signals from central bank officials
  • Major retailers like Target reported earnings misses citing a decline in consumer discretionary spending due to higher costs of living

Sources

S&P 500 FUTURES EXTEND DECLINE TO 0.6%, NASDAQ FUTURES DOWN 0.9%
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