U.S. Stock Futures Slide on Hotter-Than-Expected Inflation Data

January CPI Report:
* Headline CPI increased 3% YoY, above expectations of 2.9%.
* Core CPI (excluding food and energy) rose 0.4% MoM, exceeding December's 0.2% gain and surpassing estimates of 0.3%.

Market Reaction:
* Dow Jones Industrial Average futures (YM=F) fell 1%.
* S&P 500 futures (ES=F) declined 1.1%.
* Nasdaq 100 futures (NQ=F) slid 1.2%.

Earnings Season Updates:
* Kraft Heinz (KHC) shares dropped after disappointing 2025 profit outlook.
* CVS Health (CVS) stock rose on better-than-expected quarterly profit decline.
* Reddit (RDDT) and Robinhood (HOOD) report after-hours earnings, amid high expectations.

Global Markets:
* European stocks (Stoxx 600) remained subdued, awaiting CPI data.
* DAX (GDAXI) advanced 0.3%, CAC (FCHI) held steady, and FTSE 100 (FTSE) traded flat.

Commodities:
* Gold (GC=F) pulled back from record highs, affected by Fed Chair Powell's message on interest rates.
* Gold futures declined nearly 1%.

Economic Data:
* Real average hourly earnings (January) to be released.
* MBA Mortgage Applications (week ending Feb. 7) expected.

Key Takeaways:
* Inflation concerns weigh on market sentiment.
* Investors await further Federal Reserve policy decisions.
* Earnings season results provide insights into corporate resilience.
* China's AI-driven stock surge draws analyst support.
* Alibaba stock surges on iPhone AI partnership news.