U.S. equity futures slipped lower in early Friday trading, while Treasury yields and the dollar held steady, as markets continue to express caution over the prospects of a global trade war while eyeing a key inflation reading prior to the opening bell.

Stocks cratered Friday as markets continue to express caution over the prospects of a global trade war while parsing details from a key inflation reading tied to tariff price pressures. The Dow Jones Industrial Average sank 715.

CoreWeave priced its initial public offering far lower than it originally expected, in a disappointing development for Nvidia.