News Formal

Stock market today: US futures tread water ahead of key inflation print

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 19 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Headline Inflation News

Core Inflation,Federal Reserve

Investors are looking to the March CPI inflation report to help settle the debate over timing and depth of Fed rate cuts.

US stocks meandered before the bell on Wednesday, still going nowhere in the wait for a crucial inflation reading that could ease worries interest rates will stay higher for longer. Futures on the Dow Jones Industrial Average nudged 0.1% higher, while those on S&P 500 and the tech-heavy Nasdaq 100 hugged the flatline.

4%, which would be unchanged from February. Core inflation — which strips out food and energy prices — is seen as rising 3.7% on the year, a slowdown from 3.8% growth the previous month. A hotter-than-expected reading may well weigh on stocks, while signs of cooling could give impetus to a market that has lost its mojo since starting the year with a bang.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: US futures in holding pattern in wait for CPIInvestors are biding their time until the key March CPI inflation report lands as they wrestle with uncertainty around interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Bullish investors pile into EM, European stocks in March, BofA survey showsUpbeat investors rushed into emerging market equities in March at the fastest pace since April 2017, and into euro zone stocks at the quickest clip since...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares mostly rise as investors look to earnings and inflation signsTOKYO (AP) — Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »