Markets slip as AI disruption fears overshadow soft CPI ahead of Fed minutes
TL;DR Summary
Stock futures were lower after last week’s declines, as fears about AI-driven disruption weighed on sentiment despite softer-than-expected CPI data. Traders will watch the PCE inflation report and Fed minutes this week, with Palo Alto Networks reporting after the bell and DoorDash, Walmart, and Wayfair on deck later; the NYSE was closed Monday for Presidents’ Day.
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