A fresh reading from the Federal Reserve’s preferred inflation gauge showed prices are still sticky, but the report isn’t likely to take the central bank off its course for more rate cuts in 2025 — especially if the job market continues to remain soft. The Personal Consumption Expenditures (PCE) index on a “core” basis, which…
US stock futures wavered on Friday as investors weighed President Trump’s fresh round of punishing tariffs and waited for a fresh inflation reading to test rate-cut bets. Dow Jones Industrial Average futures (YM=F) inched up roughly 0.2%, while those on the S&P 500 (ES=F) ticked up 0.1%. Meanwhile, contracts on the tech-heavy Nasdaq 100 (NQ=F)…
US stock futures ticked higher as Wall Street awaited August’s Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation gauge, amid uncertainty over central bank policy. Futures attached to the Dow Jones Industrial Average (YM=F) hovered just above the flatline. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F)…
US stocks pulled back from record highs before the bell on Friday as Wall Street readied for an update on consumer inflation that will feed into expectations for interest-rate cuts. Futures on the Dow Jones Industrial Average (YM=F) and the S&P 500 (ES=F) both fell about 0.3%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) led…
US stock futures wavered below the flatline as Wall Street readied for new data on inflation following a record-breaking day for markets. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) slipped 0.1%. Stocks rose on Thursday, lifting the S&P 500 (^GSPC) and Dow…