Stock futures slip as traders look ahead to Fed decision, inflation data: Live updates

Nvidia slipped 0.4% Monday, the first day for the stock reflecting a 10-for-1 split. Shares have been on fire this year, surging more than 144%.

— Fred Imbert

European stocks were under pressure Monday as concerns grew over right-leaning politicians gaining traction in the region.

The Stoxx 600 index, which includes a broad swath of European stocks, fell 0.8%. France’s CAC 40 dropped 2.2% after French President Emmanuel Macron called snap parliamentary elections to be held later this month following a big loss in initial EU Parliament election results.

Germany’s Dax index lost nearly 1%.

— Fred Imbert

Investors are looking ahead to May’s consumer price index that’s set to release Wednesday.

Economists polled by Dow Jones anticipate a rise of 3.4% from the year-ago period, and a 0.1% increase on a monthly basis. That’s compared to increases of 3.4% and 0.3%, respectively, in the prior reading.

Core CPI, which excludes volatile food and energy prices, is expected to show an increase of 3.5% year over year, and a 0.3% gain on the month. Previously, it gained 3.6% and 0.3%, respectively.

— Sarah Min

Stock futures opened little changed Sunday night.

Dow Jones Industrial Average futures rose by 13 points. S&P 500 futures and Nasdaq 100 futures were flat.

— Sarah Min