Stock futures fall ahead of key inflation reading

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Stock futures fall ahead of key inflation reading
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U.S. equity futures traded lower Thursday morning, ahead of the release of a key inflation report.

Benchmark U.S. crude rose $4.39 to $113.11 per barrel in electronic trading on the New York Mercantile Exchange.The price of U.S. crude fell 12% Wednesday, easing a run-up caused by fears that the war might disrupt Russian supplies.

In Europe, London's FTSE was down 0.9%, Germany's DAX fell 1.7% and France's CAC declined 1.6%.invasion of UkraineIn Asia, the Nikkei 225 in Tokyo rose 4%, the Hang Seng in Hong Kong advanced 1.3% and China's Shanghai Composite Index gained 1.2%.

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