S&P 500 futures slip after Microsoft reports; traders brace for key inflation data:

(CNBC) Stock futures slid on Thursday morning as Wall Street absorbed a fresh batch of earnings reports from megacap technology names. S&P 500 futures lost 0.48%, and Nasdaq 100 futures fell about 0.7%. Futures tied to the Dow Jones Industrial Average declined 76 points, or 0.18%.

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