US stocks edged up before the bell on Monday, ready to build on a string of gains as attention turned to the coming inflation report seen as a potential starting gun for interest rate cuts. S&P 500 futures rose roughly 0.2%, while those on the tech-heavy Nasdaq 100 moved up about 0.3%. Dow Jones Industrial Average futures hovered above the flatline, coming off the best week of the year for the blue-chip index.
After recent hot inflation data, markets have been more skittish as investors have increasingly priced in "no landing," where price rises don't come down to the Fed's target, but the economy keeps growing. This week brings a flood of economic releases as potential catalysts, with Wednesday's Consumer Price Index update the star.
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:
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.
Premarket: Stocks grind toward record highs in inflation-heavy weekU.S. stock futures pointed higher ahead of CPI data on Wednesday
Source: globeandmail - 🏆 5. / 92 Read more »
Stock market today: US futures slip amid earnings rush, Fed teetersWhile techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Stocks gain as Fed rate hopes fuel continued rallyStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: US futures climb as Fed rate-hike fears fade, with Apple on deckInvestors are accentuating the positive in Jerome Powell's policy comments and looking ahead to Apple earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian markets wobble after Fed sticks with current interest ratesHONG KONG (AP) — Asian markets wobbled in Thursday trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts to interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Stocks end mixed in volatile session after Fed decision, Powell commentsFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »