News Formal

Stock market today: S&P 500, Dow futures slip with key CPI inflation print on deck

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 63%

Kamala Harris News

Donald Trump,US Stock Futures,Consumer Price Index

Investors are looking to August's CPI reading to lift the uncertainty around the size of the Fed's first rate cut in years.

US stock futures took a step back on Wednesday as investors braced for a crucial consumer inflation report and weighed up the first presidential debate between Donald Trump and Kamala Harris.to lift the uncertainty around the size of the Federal Reserve's first interest-rate cut in years. After a mixed monthly jobs report, the price data could settle the debate over whether to expect a 0.5% or 0.25% easing in the Fed's policy decision next week.

The CPI report, due for release at 8:30 a.m. ET, is expected to show headline inflation of 2.5% in August, a decelerationfor insight into the nominees' plans for the economy. Their exchanges were seen as light on detail on issues that could sway markets, such as tariffs, taxes and regulation.in pre-market trading as bets on a Harris election win for the Democrats climbed following the debate. Leading token bitcoin is launching its second Get to Give Days campaign from September 12-15.

Global Marine Deck Machinery Market Global Marine Deck Machinery Market Dublin, Sept. 11, 2024 -- The "Marine Deck Machinery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Marine Deck Machinery is estimated at US$19.1 Billion in 2023 and is projected to reach US$22.3 Billion by 2030, growing at a CAGR of 2.2% from 2023 to 2030.

 

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

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: S&P 500, Dow futures waver as inflation report loomsInvestors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Dow futures slip as inflation report loomsInvestors are gearing up for a consumer inflation print seen as crucial to determining the size of the first US interest-rate cut in years.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500 gear up for recovery after steep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500 rise as stocks mount a comeback from deep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »