Stock Market Today: S&P 500, Dow Futures Decline As US And Iran Exchange Strikes— Snowfalke, Salesforce, Costco In Focus

▤ Summary

U.S. stock futures fell as investors reacted to hotter-than-expected PCE inflation, weaker GDP growth, and renewed geopolitical tensions between the U.S. and Iran. The article highlights how the latest macro data is shaping expectations for Federal Reserve policy and keeping rate-cut hopes in check. It also spotlights several software-related names, including Snowflake and Salesforce, alongside Costco and other large-cap stocks. Snowflake rallied sharply in premarket trading after strong first-quarter results, while Salesforce fell on soft guidance and legacy business weakness. The piece frames these moves within a broader risk-off market backdrop rather than any company-specific corporate event.

▦ Linked Companies

Salesforce

$1B+

HP

$1B+