Global Markets React to US Inflation Data and Mixed Asian Stocks

European stocks and US futures declined as investors awaited the release of a US inflation gauge that could impact Federal Reserve policy. Technology stocks led the decline in European markets, with Prosus NV plunging after China announced new restrictions on online gaming. Adidas AG and Puma SE also slumped following a weak sales outlook from US competitor Nike Inc. The US core personal consumption expenditures price index is expected to show a decline, potentially strengthening expectations of Fed rate cuts next year. Treasury yields and the dollar remained steady, while oil extended its weekly gain amid increased attacks in the Red Sea.