Market Watch: Stock futures decline as Wall Street struggles for rebound after hot inflation report

Stock futures traded lower early Thursday morning after the latest CPI data showed inflation is still running hot. Futures tied to the Dow Jones Industrial Average shed 186 points, or 0.59%. S&P 500 futures and Nasdaq 100 futures declined 0.75% and 1.24%, respectively. Shares of Bumble and Rivian jumped 10.38% and 5.58%, respectively, in extended trading on upbeat results for the most recent quarter. Meanwhile, Disney shares fell more than 3% after hours despite strong