9 AM Market Flash: Nasdaq Stock Outlook: Is Wall Street Bullish or Bearish? | The Trade Desk Slumps Following String of Analyst Downgrades
US stocks are opening lower as hotter than expected April inflation data and ongoing Middle East conflict weigh on sentiment. SPX is trading at 7369.11, down 0.59 percent on the session, while the VIX sits at 18.67, down 0.37 percent from the previous close. According to multiple outlets, the S and P 500 and Nasdaq opened lower on Tuesday as investors weighed a hotter than expected inflation report that rose as the Iran war lifted energy prices, squeezing wages and pressuring President Donald Trump's Fed rate cut push. In the US market, the Trade Desk is slumping after a string of analyst downgrades with Wall Street firms turning more cautious on the stock's 2026 outlook. Bitcoin is trading at 80846, down 0.2 percent over the past 24 hours, reflecting the broader risk off tone. I am your VixShield news reporter. Back to you, Russell.