Stock Market Today: S&P 500, Nasdaq 100 Futures Drop As April Inflation Runs Hotter Than Expected— Zoominfo, Gitlab In Focus (UPDATED)

(Editor’s note: The future prices of benchmark tracking ETFs, and the headline, the lede and the economic were updated in the story.)
U.S. stock futures fell on Tuesday after Monday’s higher close. This followed President Donald Trump‘s sharp criticism of Iran’s latest response to a U.S. proposal aimed at ending the conflict, saying the ceasefire is now “on life support.”
“I would call it the weakest right now,” Trump said, adding he viewed Tehran’s demands as unacceptable.
On the economic front, inflation ran hotter than anticipated, with the April Consumer Price Index (CPI) rising 3.8% year-over-year, which surpassed the 3.7% median estimate by FactSet. Core CPI, which excludes volatile food and energy costs, climbed 2.8% over the last 12 months and 0.4% monthly.
Meanwhile, the NFIB Sma