US stock futures were pointing to a higher open Tuesday as stocks looked to continue a record-setting run that has become the story on Wall Street during the first quarter of the year. Futures on the S&P 500 rose nearly 0.4%, while those tied to the Dow Jones Industrial Average edged higher by about 0.2%. Futures tied to the tech-heavy Nasdaq Composite led the way up, rising about 0.5%. Wall Street took a break from its rally on Monday, with all three major indexes dipping slightly.
On Tuesday, the focus turned to economic data coming down the pike. Readings on durable goods orders and US consumer confidence are due Tuesday, as is the latest release of the Case-Shiller home price index. All of the data this week serves as appetizers for the main event on Friday, when the government will release the Personal Consumption Expenditures Price Index. That contains the Federal Reserve's preferred look at the pace of inflation, in the form of "core" PCE growth.
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Stock market today: US stocks mixed as Wall Street watches and waitsStocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy.
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Stock market today: Wall Street pulls back from its record after a shaky dayNEW YORK (AP) — Wall Street pulled back from its record heights following a shaky day of trading, putting at least a temporary halt to its huge rally since Halloween. The S&P 500 slipped 0.7% Friday from its all-time high.
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Stock market today: Wall Street drifts near its records amid a worldwide market lullNEW YORK (AP) — Stocks are drifting around their records on Wall Street, as a lull carries through financial markets worldwide. The S&P 500 was little changed in early trading Wednesday, a day after setting an all-time high.
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Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
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Stock market today: Wall Street slips further away from records amid inflation worriesBEIJING — Stocks fell on Wall Street Friday and are on track for a mixed finish in a week that was heavy with reports showing that inflation, though broadly cooling, remains stubborn. The S&P 500 fell 0.
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