The U.S stock index futures opened lower ahead on Thursday as the investors are anxiously waiting for the inflation data.
Dow Jones plunged to 25,518.39. The Nasdaq futures opened lower at 7388.07. The futures for the Standard & Poor's 500 index opened marginally higher at 2873.99.
The inflation in the United States is rising constantly and this has put the pressure on the Federal Reserve to raise the interest rates. The rising rates have led to the increase in borrowing costs for the people and businesses.