Spx stock futures futures on the SPX are slightly softer

Futures on the SPX are slightly softer at 5,098.75, as risk appetite cools ahead of key tech earnings. Sector charts reveal increased short interest in small-cap growth, which may drag on sentiment unless earnings surprise. With the bad news out of the way, here's the best part about what history has to say about the stock market: Its long-term future has always been -- and will likely always be -- overwhelmingly positive. On the economic front, traders are watching for the release of June’s Durable Goods Orders data today. Looking ahead, the Federal Reserve is scheduled to hold its next policy meeting next week, with most expecting it to keep interest rates unchanged in the 4.25% to 4.5% range. SPX stock futures edged higher in pre-market trading, currently up 0.28% at 5,116.75, as investors digest cooler-than-expected US CPI data, signaling potential moderation in Fed tightening. Traders are watching Treasury yields and tech earnings for cues.