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Japan stocks set for lower start after data shows U.S. consumer inflation surged in October

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Data released overnight showed the U.S. consumer price index in October seeing its biggest surge in more than 30 years.

Major indexes on Wall Street fell following the inflation data release, with the Dow Jones Industrial Average dropping 240.04 points to 36,079.94 while the S&P 500 shed 0.82% to 4,646.71. The Nasdaq Composite lagged as it dropped 1.66% to around 15,622.71.

Meanwhile, U.S. Treasury yields climbed following the consumer price data release. The yield on the benchmark

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Coinbase, Tesla, DoorDash: What to Watch in the Stock Market TodayU.S. stock futures edged lower as investors awaited data on consumer prices bitcoin a close above the falling trend line around 67k would be the first short-term improvement and a close above the second falling trend line around 67.5k would suggest the next rally has been started Bravo mjtru_ Made us proud her tweets & TA have been helpful
Source: WSJ - 🏆 98. / 63 Read more »