Stock futures open lower as investors await inflation data, bank earnings this week: Live updates

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Investors are expecting key inflation data this week to give clarity on the longevity of this year’s market rally. Earnings are also kicking off.

Stock futures edged lower Sunday night as investors await key inflation data for further clues on the longevity of this year's market rally. Earnings from some major financial giants and consumer companies are also on the docket.has rallied about 16.

Producer price index data will be released Friday."This keeps the upcoming inflation data in the driver's seat for determining the timing of the first cut...signs of continued moderation of economic growth and the labor market will likely be a positive for equities and high yield bonds in, at least, the short run," Greg Wilensky, head of U.S. fixed income at Janus Henderson Investors, said.

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:

 /  🏆 319. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Investors look to upcoming earnings to keep stock rally goingWith interest rate cuts on the backburner, Wall Street is looking to corporate earnings to continue powering the 2024 monster stock rally.
Source: cnnbrk - 🏆 393. / 55 Read more »

Friday's analyst calls: Solar stock gets a price target increase, Nike downgrades after earningsA solar stock and an apparel giant were among the names being talked about by analysts on Friday.
Source: CNBC - 🏆 12. / 72 Read more »

Which Stock Is the Better Buy Ahead of Earnings?Stocks Analysis by Investing.com (Damian Nowiszewski) covering: FedEx Corporation, Micron Technology Inc. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

KeyBanc analysts raise price target and earnings estimates for Meta stockKeyBanc analysts raise price target and earnings estimates for Meta stock
Source: Investingcom - 🏆 450. / 53 Read more »