S&P 500, Dow futures drop amid mixed earnings, China GDP miss

Stock futures dipped Thursday morning as investors digested a host of mixed corporate earnings results and reassurances from monetary policymakers that the latest spike in inflation would likely prove temporary. Global data was also in focus, with a weaker-than-expected GDP report out of China pointing to a marked growth slowdown.

Contracts on the S&P 500 declined after the index eked out a record intraday high during Wednesday’s regular session. The Dow looked to open nearly 200 points…


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