Dow Jones live futures slipped 0.12% after last night’s earnings miss from a major financial stock. Traders are cautious about banking sector performance, viewing it as a short-term drag on the index until macroeconomic clarity improves. Staying above a rising 50DMA for this long isn't common and usually signals durable momentum and buying on dips. But streaks don't often end quietly; when momentum finally fades, reversion can be sharp because everyone is leaning the same way. In other economic data, an update on consumer confidence showed the Conference Board's measure dropping to its lowest point since April, in the throes of Trump's "Liberation Day" tariff salvos. Consumers expressed a dim outlook on the job market in particular, the report said. Dow Jones live futures traded slightly higher in pre-market action, with investors eyeing upcoming CPI data as a key catalyst. Analysts note that volatility could spike if inflation readings surprise to the upside, potentially shifting Fed rate expectations. Tech and industrial sectors remain closely watched.
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