Veytics Intelligence
2026-10-30 · Yahoo

US Stock Market Today: S&P 500 Futures Drop On Energy Inflation And Wage Risks

The Morning Bull - US Market Morning Update Friday, Oct, 30 2026 US stocks head into Friday under pressure, with S&P 500 and Nasdaq futures pointing lower as investors refocus on global inflation rather than growth worries. The dominant driver is a fresh wave of energy led price pressures out of Europe. Germany's import prices rose 10.4% YoY in September, mainly on electricity, oil products and natural gas. France's October inflation hit 3.4%, above the previous 3.1%. Together, these data points reinforce that energy costs remain a live inflation risk rather than a fading 2024 story. When imported energy and input prices stay elevated, central banks face a tougher trade off on cutting rates.

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