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Stock-market futures gain ground with U.S. inflation and retail sales data due later this week

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U.S. stock futures higher, with bond yields steady, as traders eye data-rich week.

How are stock-index futures trading On Friday, the Dow Jones Industrial Average DJIA rose 76 points, or 0.22%, to 34577, the S&P 500 SPX increased 6 points, or 0.14%, to 4457, and the Nasdaq Composite COMP gained 13 points, or 0.09%, to 13762.

“Bond yields, which had briefly eased in late August, resumed their upward climb, with 10-year Treasuries hovering around the 4.3% mark midweek before settling somewhat,” Innes added. For now, the market is pretty certain the Fed will leave borrowing costs at a range of 5.25% to 5.50%.

 

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