Dow futures plummet on hotter-than-expected U.S. inflation data
U.S. stock futures fell Friday morning as key key U.S. inflation data came in hotter than expected across the board.Dow Jones Industrial Average futures fell by 380 points, or 1.1%. S&P 500 and Nasdaq-100 futures slid 1.1% and 1.4%, respectively.
Jeff Cox for CNBC:The personal consumption expenditures price index excluding food and energy increased 0.6% for the month, and was up 4.7% from a year ago, the Commerce Department reported Friday. Wall Street had been expecting respective readings
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