Stock Market News, 5/13/26 – U.S Stock Futures Mixed Ahead of Inflation Data amid Middle East Uncertainty

U.S. stock futures were mixed early Wednesday as investors awaited another key inflation report. This comes after a hotter-than-expected consumer inflation report that ended the record-setting streaks for the S&P 500 Index (SPX) and the Nasdaq. Investors are also keeping an eye on energy costs and tensions in the Middle East.Claim 55% Off TipRanksForget margin or options. Here's how the pros trade QQQ Futures on the Nasdaq 100 (NDX) and the S&P 500 Index were up 0.75% and 0.23%, respectively, while the Dow Jones Industrial Average (DJIA) futures were down 0.21% at 5:30 a.m. EDT on May 13. At the time of writing, Brent crude (CM:BZ) inched lower by 0.12% to about $107.64 per barrel, while WTI crude (CM:CL) fell 0.37% to around $101.83. In the regular trading session, the S&P 500 and the Nasdaq slipped from recent highs after April core inflation came in hotter-than-expected. The Nasdaq and the S&P 500 fell 0.7% and 0.2%, respectively, while the Dow inched up 0.1%. Stocks fell as technology shares declined and oil prices moved higher. Markets also reacted after President Donald Trump criticized the month-old U.S.-Iran ceasefire and rejected Iran's latest proposal to end the conflict. Meanwhile, investors assessed a hotter-than-expected April inflation report, which showed consumer prices rising at their fastest pace in about three years. Looking ahead, BioNano Genomics (BNGO) and Cisco (CSCO) are set to report earnings on Wednesday. Traders will also watch for some key economic reports, including the producer price index (PPI). European stocks moved higher on Wednesday, trying to end a four-day losing streak. Investors focused on corporate earnings, though markets continued to watch the ongoing conflict in the Middle East. Asia-Pacific Markets Traded Higher Asia-Pacific markets moved higher on Wednesday as investors reacted to stronger-than-expected U.S. inflation data for April. Hong Kong's Hang Seng Index gained 0.15%. Also, China's Shanghai Composite and Shenzhen Component gained 0.67% and 1.67%, respectively. Meanwhile, Japan's Topix rose 1.20% and the Nikkei 225 gained 0.84%.