Stock market today: US futures mark time in countdown to key inflation report

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Dow Jones Industrial Average Futures أخبار

US Stock Futures,Consumer Prices,Tech-Heavy Nasdaq

Wall Street awaited a key signal on consumer prices that is set to help shape the near-term future of interest-rate policy

for July. Economists expect consumer prices to have risen by 3% over the last year, which would be unchanged from June. On a month-over-month basis, expectations are for a 0.2% increase after a surprise decline in June prices.

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While inflation hit 2.2% in June, signs of easing pressure in the services sector fuelled hopes of more rate cuts by the Bank.The rise of faux Spanish lager brand Madrí Excepcional is denting Carlsberg’s sales in the UK, the boss of the Danish brewer has said.The surprise operation has given Ukraine its biggest battlefield gains since 2022 after months on the backfoot.

 

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