Stock market today: US futures hold steady with inflation test on the horizon

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 18 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Stocks And Bonds Nouvelles

Federal Reserve

Investors are bracing for a crucial update on consumer prices that will test their rate-cut hopes.

US stocks held steady on Wednesday, eyeing fresh record highs ahead of a crucial update on consumer prices that could upend rate-cut hopes and as meme stocks regrouped after a roaring rally. Futures on the Dow Jones Industrial Average and S&P 500 hovered above the flatline. Contracts on the Nasdaq 100 were also little changed on the heels of a new peak for tech stocks.

The release of the Consumer Price Index later Wednesday could test those hopes. After a string of hot data, another surprise from April CPI could spark more worries that an overheating economy will force the Fed to raise rates again, undercutting the case for more gains in stocks and bonds. The headline figure is expected to tick down to 3.4%.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: US futures tip lower as investors look for inspirationStocks have lost their bounce after a growing chorus of Federal Reserve officials made it clear that interest rates will need to stay higher for longer.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Asian benchmarks mostly slide as investors focus on earningsTOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stocks waver as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stocks rebound as investors shake off Mideast tensions, focus on earningsWorries over the fallout from Iran's attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stock rally stumbles as consumer sentiment slides to 6-month lowInvestors are listening out for a parade of Fed speakers to test a growing confidence that a rate cut is on the way.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Stock futures gain as rally looks set to continueStocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »