US stock futures pulled back on Thursday as investors waited for fresh inflation data to confirm market confidence that the Federal Reserve will cut interest rates next week. Futures on the Dow Jones Industrial Average (YM=F) and the S&P 500 (ES=F) both slipped roughly 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) fell almost 0.3%…
US stocks opened higher on Wednesday as investors digested another month of sticky inflation data that met economists’ expectations and likely pointed to a Federal Reserve interest rate cut next week. The Dow Jones Industrial Average (^DJI) increased about 0.2%, while the S&P 500 (^GSPC) jumped nearly 0.5%. The tech-heavy Nasdaq Composite (^IXIC) also added…
US stock futures struggled for a foothold on Monday, ahead of a week highlighted by inflation data that will set the stage for the Federal Reserve’s final interest-rate decision of the year. Dow Jones Industrial Average futures (YM=F) wavered along the flat line, coming off a losing week for the blue-chip index. S&P 500 futures…
STORY: Wall Street’s main indexes closed lower on Wednesday after the latest inflation data sparked concerns that the Federal Reserve may move slowly on rate cuts next year. The Dow dipped three-tenths of a percent, the S&P 500 shed almost four-tenths and the Nasdaq lost six-tenths of a percent. The latest inflation data showed prices…
(Reuters) – U.S. stock index futures slipped on Wednesday as investors awaited key economic data, including a crucial inflation report, which is expected to influence the Federal Reserve’s future monetary policy path. The Personal Consumption Expenditure report, the central bank’s preferred inflation data, is due at 10 a.m. ET. Economists polled by Reuters expect prices…
New data out Wednesday showed the “core” Consumer Price Index (CPI) increased 3.3% in the month of October, in line with Wall Street’s expectations. Immediately following Wednesday’s release, markets continued to price in another 25 basis point rate cut in December after the central bank cut rates by that amount last week. Traders currently see…
Wall Street moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors anticipating further economic support through another interest rate cut next month. The S&P 500 remained nearly unchanged, while the Dow Jones inched up by 66 points, or 0.1 percent, and the Nasdaq slipped by 0.2 percent in morning trading. Elsewhere,…
(Bloomberg) — Asian equities rose Thursday after US stocks set a fresh high ahead of inflation data that may help shape Federal Reserve policy easing in the coming months. Most Read from Bloomberg Stocks in China jumped after authorities released details of a liquidity tool institutional investors can use to purchase shares, a measure initially…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks got a lift on Thursday from Chinese stocks as China’s central bank kicked off its 500 billion yuan facility to spur capital markets, while the dollar lingered near a two-month high ahead of U.S. inflation data later in the day. The People’s Bank of China (PBOC) said…
US stocks slipped on Monday afternoon as the 10-year Treasury yield (^TNX) jumped past 4% for the first time since August ahead of a week of key inflation data and the start of earnings season. The Dow Jones Industrial Average (^DJI) fell 1.2%, around 400 points, after notching a fresh record high as stocks soared…