US Stock Futures Drop as S&P 500 Falls 0.4% Ahead of Inflation Report

AI Summary

US stock futures fell on June 21, 2026, with S&P 500 (ES=F) futures down 0.4% and Nasdaq 100 (NQ=F) futures declining by 0.6%. Dow futures (YM=F) decreased by 0.3%. In the energy sector, West Texas Intermediate (CL=F) crude oil prices surged nearly 3% to approximately $78 per barrel, while Brent crude (BZ=F) rose above $81. The decline in stock futures comes ahead of a key Personal Consumption Expenditures price index report, which is anticipated to show a modest increase in inflation, influencing market expectations for future interest rate hikes by the Federal Reserve.