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Stock futures step higher as CPI inflation holds steady: Stock market news today

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All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.

On Thursday they were closely focused on the Consumer Price Index report, which showed that inflation held steady in September but increased at a slightly faster pace than economists expected. Consumer prices rose 3.7% over last year in September, matching August's increase.by Russia and Saudi Arabia, which have committed to extra cuts in crude output. But the market mood remains fragile as Israel builds up forces for an expected ground assault on Gaza.

-- Germany is aiming to pass a far-reaching new migration law by the end of the year that would impose tougher measures on those seeking asylum in the European Union’s wealthiest country.

The former president admitted he could have been dishing classified information at a campaign event with a claim about the Israeli leader.

 

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