Stock market today: S&P 500, Nasdaq futures jump as key inflation data comes in cool

US stock futures mostly pointed higher Tuesday as Wall Street digested cooler-than-expected inflation data and awaited an update on consumer prices. Futures tied to the S&P 500 were up 0.6%, while those on the tech-heavy Nasdaq rose 0.9%. Dow Jones Industrial Average futures were up 0.3%. US producer prices, often a signal for where consumer prices are heading, rose just 0.1% month-over-month in July, lower than economist forecasts. Year-over-year, the Producer Price Index rose 2.

Wall Street is coming off an unusually boring day after more than a week of volatility. The S&P 500 and Nasdaq on Monday continued slowly building back toward the highs the indexes saw before a three-day sell-off wiped out a decent chunk of those year-to-date gains. Home Depot was the most significant name on the earnings docket Tuesday. The home-improvement retailer's shares fell after it cut its outlook on comparable same-store sales for the rest of the year.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock market today: S&P 500, Nasdaq futures point higher with key inflation data loomingInvestors are anxious for several economic datapoints this week, starting with inflation.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: S&P 500, Nasdaq rise, nearly wiping out week's losses in wild turnaroundA wild week on Wall Street is coming to a close.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: S&P 500, Nasdaq surge as wild week on Wall Street continuesStocks rallied on Thursday as a fresh reading on weekly unemployment claims helped calm recession fears.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market today: S&P 500, Nasdaq surge after jobs data eases concerns over US economyWall Street saw a comeback attempt falter on Wednesday, as stocks faded into the close and ended up with sizable declines
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market news today: S&P 500, Nasdaq climb as Fed delivers and Meta jumpsStrong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

Stock market news today: S&P 500, Nasdaq futures climb as Fed delivers and Meta jumpsStrong Meta results are keeping bullish tech hopes aloft after the Fed cemented bets on a September rate cut.
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »