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US stock futures fall as Trump criticizes Iran ceasefire; key CPI data awaited.

Market News
12 May 2026
Rishabh Mishra
Bearish
pluang ai news

US stock futures declined following President Trump's criticism of Iran's ceasefire response, calling it "on life support." Investors are also focused on the upcoming April consumer price index (CPI) release, with an expected 3.7% year-over-year increase. Market sentiment was mixed with notable stock moves: GitLab shares dropped nearly 9% after announcing layoffs, GoPro shares rose over 5% on strong sales and a potential sale review, while ZoomInfo fell over 32% despite beating estimates due to cautious guidance. The Federal Reserve is expected to keep interest rates steady in June, with economic volatility anticipated under new leadership.

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