Futures for the S&P 500, Dow, and Nasdaq indexes have shown a notable retreat from their recent record highs, as traders assess the latest inflation data ahead of a long weekend. Despite initial losses, stock index futures have started to pare some of their declines following an in-line PCE inflation report. The focus remains on how inflation figures will influence Federal Reserve policies, with bond yields climbing and chip manufacturers like Nvidia facing pressure. Wall Street saw a mixed bag, with overall sentiment dampened as investors appear cautious before the upcoming economic data releases.