US STOCKS SNAPSHOT-S&P futures fall sharply after red-hot May inflation data

Futures tracking the S&P 500 index tumbled on Friday after data showed consumer prices rose more than expected in May, quashing hopes of a peak in inflation and fanning worries over the Federal Reserve's aggressive efforts to tame it.

At 8:30 a.m. ET, Dow e-minis were down 193 points, or 0.6%, S&P 500 e-minis were down 27.25 points, or 0.68%, and Nasdaq 100 e-minis were down 103.5 points, or 0.84%.

Moments before the data, Dow e-minis were down 4 points, or 0.01%, S&P 500 e-minis were up 6 points, or 0.15%, and Nasdaq 100 e-minis were up 51.5 points, or 0.42%.