{"id":96467,"date":"2026-05-28T13:03:25","date_gmt":"2026-05-28T13:03:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=96467"},"modified":"2026-05-28T13:03:25","modified_gmt":"2026-05-28T13:03:25","slug":"stock-market-today-sp-500-dow-nasdaq-futures-fall-as-hot-pce-inflation-clouds-fed-rate-cut-hopes-snowflake-salesforce-in-focus-updated","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=96467","title":{"rendered":"Stock Market Today: S&amp;P 500, Dow, Nasdaq Futures Fall As Hot PCE Inflation Clouds Fed Rate Cut Hopes\u2014 Snowflake, Salesforce In Focus (UPDATED)"},"content":{"rendered":"<div>\n<p><em>(Editor\u2019s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.)<\/em><\/p>\n<p>U.S. stock futures fell on Thursday after a higher close on Wednesday, as all indices ended marginally higher, but the small-cap index, the Russell 200, declined.<\/p>\n<p>A slew of economic data was released on Thursday before the markets opened. First-quarter real GDP was revised down to an annualized growth rate of 1.6%, while the Fed\u2019s preferred inflation gauge, the April PCE price index, rose 0.4% from the prior month and 3.8% year-over-year.<\/p>\n<p>Meanwhile, initial jobless claims for the week ending May 23 edged higher to 215,000, and April durable-goods orders surged by a stronger-than-expected 7.9%, driven by a sharp rebound in transportation equipment.<\/p>\n<p>A U.S. official, speaking anonymously to Reuters, said <a href=\"https:\/\/www.benzinga.com\/news\/politics\/26\/05\/52829415\/trump-iran-red-lines-strait-of-hormuz-oil-tops-90\">American forces struck<\/a> an Iranian ground control station in Bandar Abbas that was allegedly preparing to launch attack drones. <\/p>\n<p>The official also said U.S. forces shot down four one-way drones that posed a threat near the Strait of Hormuz. \u201cThese actions were measured, \u200cpurely \u2060defensive, and intended to maintain the ceasefire,\u201d the official said<\/p>\n<p>The 10-year Treasury bond yielded 4.50%, and the two-year bond was at 4.05%. The CME Group&#8217;s FedWatch <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">tool<\/a>\u2018s projections show markets pricing a 99.1% likelihood of the Federal Reserve leaving the current interest rates unchanged during June\u2019s meeting.<\/p>\n<p><figure class=\"wp-block-table is-style-stripes\"><\/p>\n<table class=\"has-fixed-layout\">\n<tbody>\n<tr>\n<td><strong>Index<\/strong><\/td>\n<td><strong>Performance (+\/-)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Dow Jones<\/td>\n<td>-0.11%<\/td>\n<\/tr>\n<tr>\n<td>S&amp;P 500<\/td>\n<td>-0.12%<\/td>\n<\/tr>\n<tr>\n<td>Nasdaq 100<\/td>\n<td>-0.26%<\/td>\n<\/tr>\n<tr>\n<td>Russell 2000<\/td>\n<td>-0.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>The <strong>SPDR S&amp;P 500 ETF Trust<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/SPY\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"SPY\" data-exchange=\"NYSE\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/SPY\">SPY<\/a>) and <strong>Invesco QQQ Trust ETF<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/QQQ\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"QQQ\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/QQQ\">QQQ<\/a>), which track the S&amp;P 500 and Nasdaq 100, respectively, were lower in premarket on Thursday. The SPY was down 0.0027% at $750.48, while the QQQ was lower by 0.023% to $729.61.<\/p>\n<div class=\"bz-read-next-block\"><\/div>\n<p>     data-variant=&#8221;card&#8221;<br \/>\n     data-news-mode=&#8221;manual&#8221;<\/p>\n<p>    &gt;<\/p>\n<p>\n<strong><br \/>\nRead Also:<br \/>\n<a href=\"https:\/\/www.benzinga.com\/markets\/prediction-markets\/26\/05\/52830689\/sp500-may-28-open-up-or-down-polymarket-pce-inflation-ai-stocks\" target=\"_blank\" rel=\"noopener\"><br \/>\nStock Market: Will S&amp;P 500 Open Up Or Down Today?<\/a><br \/>\n<\/strong>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>(Editor\u2019s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures fell on Thursday after a higher close on Wednesday, as all indices ended marginally higher, but the small-cap index, the Russell 200, declined. A slew of economic data was released on Thursday before the markets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-96467","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/96467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96467"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/96467\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}