DJIA futures down 56 points (Il Sole 24 Ore Radiocor) - New York, 10 Jun - US futures were little changed as investors laid out their stalls for a week featuring key inflation data and a Federal Reserve monetary meeting.

Wall Street ended lower Friday after payrolls data came in hotter than expected. But the main indexes all posted gains for the week underpinned by another strong performance from tech, with the S&P 500 up 1.3%, the Nasdaq 2.4% and the Dow 0.3%.

Interest rates will be the main focus of this week with the Federal Reserve due to provide an update on its monetary policy. The central bank is widely expected to leave rates unchanged but will signal how many cuts it sees as likely this year in its so-called 'dot plot' - a chart updated on a quarterly basis giving each Fed member's prediction on the trajectory of the federal funds rate.

Fed officials have repeatedly said they will not contemplate a monetary pivot until there is hard proof inflation is firmly under control and falling towards its 2% target.

A fresh round of inflationary data including May's all-important consumer price index as well as wholesale inflation is due out during the week.

On the stocks front, Apple was higher in premarket trade ahead of the group's developers conference that starts today where the iPhone giant is expected to unveil details on its next mobile operating system and plans for generative AI.

Nvidia shares were steady on the day the AI chipmaker's 10-for-1 stock deal kicks in while KKR, CrowdStrike and GoDaddy were all higher on news they will be joining the S&P 500 this month.

Futures on the Dow Jones were down 56.00 points, or 0.14%, S&P 500 futures were down 4.75 points, or 0.09%, while futures on the Nasdaq were 10.50 points, or 0.06%, lower.

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(RADIOCOR) 10-06-24 13:48:42 (0344) 5 NNNN