Stock futures mixed on new inflation data, regional banking concerns: Stock market news today

U.S. stock futures were mixed Thursday morning as new inflation data came in cooler than expected and regional banking concerns continued to weigh on markets.

Futures tied to the S&P 500 (^GSPC) were mostly flat, while futures on the Dow Jones Industrial Average (^DJI) shed 71 points, or 0.21%. Futures on the technology-heavy Nasdaq Composite (^IXIC) rose 0.24%.

On Thursday morning, regional bank PacWest (PACW) reported deposit outflows were reignited in May. PacWest stock slumped 20% in pre-market trading after the company disclosed in an SEC filing its deposits fell 9.5% in the first week of May.

Shares of Disney (DIS) slumped prior to the opening bell after reporting first-quarter earnings that came in slightly weaker than analysts had hoped on Wednesday night. The media and entertainment conglomerate’s price increases for Disney+ helped offset a lower-than-expected subscriber number. The report comes as Disney executes a broad restructuring plan amid an ongoing battle with Florida…

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