Dow Jones stock markets futures climbed Friday morning as investors prepared for the January CPI inflation report, and also a critical data release that could shape Federal Reserve policy decisions in the coming weeks. The gains in Dow Jones stock markets futures come after Thursday’s steep selloff driven by mounting AI disruption fears across multiple sectors, such as financial services, real estate, and software companies.

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Dow Jones stock markets futures today are recovering from Thursday’s brutal session, when the Dow Jones Industrial Average plunged 669.42 points, or 1.34%, to close at 49,451.98. Stock market volatility intensified right now as AI disruption fears spread from software stocks to financial services and also real estate firms, creating an atmosphere of uncertainty that investors felt across Wall Street.

Growing concerns about artificial intelligence disrupting traditional business models triggered the selloff on Thursday. Jay Woods, chief market strategist at Freedom Capital Markets, stated:

“AI, which was the one thing that was driving these stocks to parabolic heights and to multiples that were getting extreme — not overwhelmingly extreme — now is the one thing that’s holding them back.”

Commercial real estate brokers took a particularly hard hit, with CBRE closing nearly 9% lower and Jones Lang LaSalle dropping 7.6%. Jade Rahmani, an analyst at Keefe, Bruyette & Woods, said:

“We believe investors are rotating out of high-fee, labor-intensive business models viewed as potentially vulnerable to AI-driven disruption.”

At the time of writing, Dow Jones stock markets futures are showing signs of recovery as traders position themselves ahead of the CPI inflation report scheduled for release at 8:30 AM Eastern. The data will show whether inflation pressures are easing or if the Federal Reserve needs to maintain its current policy stance for an extended period.

Economists polled by Dow Jones expect the January report to show a 0.3% monthly increase for both headline and core CPI, which excludes food and energy prices. Goldman Sachs expects headline CPI to come in slightly lighter at 2.4%, which could add to hopes that inflation is moderating and provide some relief to Dow Jones stock markets futures.

Ross Mayfield,investment strategist at Baird, had this to say:

Source: Watcher Guru