Stock Market Today: Dow Jones, S&P 500 Future Drop Ahead Of January Wholesale Inflation Print— Netflix, Block, Rocket Lab In Focus (CORRECTED)

Editor’s Note: This article has been updated to reflect Zscaler’s upwardly revised fiscal 2026 revenue guidance.
U.S. stock futures fell on Friday after a mixed close on Thursday. Futures of the major benchmark indices were negative.
The U.S. Bureau of Labor Statistics reported a 0.5% increase in the Producer Price Index for final demand in January, following a 0.4% advance in December. Despite a 0.3% decline in goods prices—largely driven by a 5.5% drop in gasoline—overall wholesale inflation was pushed higher by a significant 0.8% jump in services.
This report, which was delayed due to the late 2025 federal government shutdown, showed that the core index (less foods, energy, and trade services) rose 0.3%, marking its ninth consecutive monthly gain.
Meanwhile, the 10-year Treasury bond yi