Stock futures inched lower Thursday after a slate of mixed quarterly results dampened investor sentiment. S&P 500 futures and Nasdaq 100 futures dipped 0.1% each. Dow Jones Industrial Average futures lost 65 points, or 0.2%. Micron shares slipped more than 5% in the premarket after the chipmaker issued fourth-quarter revenue guidance in line with estimates. Levi Strauss dropped 15% after the jeans maker’s latest quarterly revenue disappointed investors. Bank stocks were in focus after the Federal Reserve said Wednesday that the biggest U.S. firms are able to withstand a severe recession scenario. Goldman Sachs shares slid 1.6%, while JPMorgan Chase traded near the flatline. The S&P 500 on Wednesday closed up 0.2%, while the Nasdaq Composite added 0.5%. Meanwhile, the Dow added 15.64 points, or 0.04%. Those moves come as Wall Street awaits the latest inflation data on Friday with the release of May’s personal consumption expenditures price index. Investors hope the report will show easing pricing pressures that could cement the likelihood the Fed will lower interestrates later this year. Even with the sluggish trading activity, megacap tech names continued to outperform on Wednesday, bouncing back from a recent slide. On Wednesday, Amazon shares reached an all-time high, breaching $2 trillion in market capitalization for the first time. Still, investors are deliberating whether the artificial intelligence trade can continue to sustain markets in the back half of this year, or if the rally will need to broaden out. Strategists surveyed by CNBC Pro anticipate the S&P 500 will likely end the year not even 1% higher from current levels. “Right now, we’re in this environment where the market is sort of aligned with the Fed,” Brian Levitt, global market strategist at Invesco, told CNBC’s “Closing Bell” on Wednesday. “And what you’ll need likely is greater expectation coming into this market that the inflation story is really behind us, that the Fed can lower rates, and the soft landing happens.” U.S. Treasury yields were little changed Thursday as investors looked to economic data for hints about the outlook for the economy and monetary policy. At 8:47 a.m. ET, the yield on the 10-year Treasury was down by 1 basis point at 4.302%. The 2-year Treasury yield also dipped 1 basis point at 4.731%. Asia-Pacific markets fell on Thursday, as the Japanese yen weakened to a near 38-year low late Wednesday, hitting 160.82 against the U.S. dollar, according to FactSet data. Japan’s Nikkei 225 declined 0.82% to 39,341.54, while the broad-based Topix lost 0.33% to close at 2,793.7. Separately, Hong Kong Hang Seng index led losses in the region and was down more than 2% to a near two-month low in its final hour of trade. Mainland China’s CSI 300 closed 0.75% lower at 3,454.11, hitting a new four-month low. South Korea’s Kospi closed 0.29% lower at 2,784.06, while the small-cap Kosdaq fell 0.41% to 838.65. Australia’s S&P/ASX 200 pared earlier losses to lost 0.3% to 7,759.6. Crude oil futures held firm on Thursday as fears of war between Israel and the Iran-backed militia Hezbollah overshadowed soft U.S. gasoline demand. The U.S. on Wednesday reported surprise crude oil and gasoline inventory builds for the week ended June 21, disappointing bulls who were hoping that an uptick in demand would breathe life back into the recent crude rally. West Texas Intermediate August contract: $81.40 per barrel, up 50 cents, or 0.62%. Year to date, U.S. oil has gained 13.6%. Brent August contract: $85.86 per barrel, up 61cents, or 0.72%. Year to date, the global benchmark is ahead 11.5%. Gold prices steadied on Thursday after falling to a two-week low in the previous session, while investors awaited U.S. inflation data for insights into how soon the Federal Reserve will cut interest rates. Spot gold unchanged at $2,299.55 per ounce, as of 0255 GMT. Bullion fell to its lowest since June 10 on Wednesday. U.S. gold futures fell 0.1% to $2,310.20.