US stock futures lower; CPI and earnings ahead this week - what's moving markets

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US stock futures lower; CPI and earnings ahead this week - what's moving markets

Investing.com -- US stock futures edge lower following a Friday spike on Wall Street that was fueled by a strong jobs report. Markets are now gearing up for fresh inflation data which could provide more clarity on the path ahead for Federal Reserve interest rate policy in the coming months. Elsewhere, global minerUS stock futures pointed lower on Monday following a rally in the prior session sparked by a bumper September employment report.

Meanwhile, US third-quarter earnings season is about to kick into gear, in what will be a test for a stock market near record highs and trading at lofty valuations.Both groups said the approach was"non-binding," adding that they would divulge more about a potential deal when they had"news to share." Reuters previously reported the discussions on Friday, saying that Arcadium could be valued at between $4 billion to $6 billion or higher.) worth around $1 billion as part of a bid to overhaul the pharmaceutical company, The Wall Street Journal reported on Sunday.

 

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