Stock market today: US futures mark time as focus turns to inflation data

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 16 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Federal Reserve News

Inflation Report,Premarket Trading

Wall Street is starting the holiday-shortened week in a muted mood as the wait for the Fed's favorite inflation data begins.

US stock futures idled on Tuesday, with techs a bright spot as Wall Street kicked off a holiday-shortened week by focusing on a coming inflation report watched closely by the Federal Reserve. S&P 500 futures were up 0.1%, while contracts on the tech-heavy Nasdaq 100 added 0.2% after solid closing gains on Friday. Futures on the Dow Jones Industrial Average , which lists fewer tech names, slipped 0.1%.

Investors are now firmly back on inflation watch, counting down to the release of the Federal Reserve's preferred PCE gauge on Friday. Fed officials have sent out a drumbeat of warnings that data must show real cooling in inflation to trigger a policy shift, with Neel Kashkari the latest to join them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Nasdaq sets another record as Wall Street wins back earlier lossesNEW YORK (AP) — U.S. stocks rose in a bounce back from Wall Street’s worst day since April. The S&P 500 gained 0.7% to win back all its losses from earlier in the week.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street opens slighlty higher but is still heading for a losing weekNEW YORK (AP) — Stocks are opening modestly higher following Wall Street’s worst day since April. The S&P 500 was up 0.3% in early trading Friday, but it may still be heading for its first losing week in the last five.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Asian shares track Wall Street's slide on worries over interest ratesAsian shares retreated Friday after strong reports on the U.S. economy raised the possibility of interest rates staying painfully high.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street pulls back from its recordsNEW YORK (AP) — U.S. stock indexes pulled back from their records as concerns about high interest rates weighed on the market. The S&P 500 fell 0.3% and the Nasdaq composite slipped 0.2% Wednesday, a day after both set all-time highs.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Stock market today: Wall Street pulls back from its recordsNEW YORK (AP) — U.S. stock indexes pulled back from their records as concerns about high interest rates weighed on the market. The S&P 500 fell 0.3% and the Nasdaq composite slipped 0.2% Wednesday, a day after both set all-time highs.
Source: timescolonist - 🏆 15. / 75 Read more »

Stock market today: Wall Street pulls back from its recordsNEW YORK (AP) — U.S. stock indexes pulled back from their records as concerns about high interest rates weighed on the market. The S&P 500 fell 0.3% and the Nasdaq composite slipped 0.2% Wednesday, a day after both set all-time highs.
Source: PGCitizen - 🏆 65. / 51 Read more »