Stocks and Investing
Source: (remove) : NBC Washington
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Stocks and Investing
Source: (remove) : NBC Washington
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Stock futures are little changed as investors brace for key inflation data: Live updates


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Published in Stocks and Investing on Tuesday, December 10th 2024 at 19:01 GMT by NBC Washington   Print publication without navigation

  • Stock futures are near flat Tuesday night as investors gear up for incoming inflation data. Dow Jones Industrial Average futures rose 18 points, sitting near the flatline. S&P 500 futures and Nasdaq 100 futures ticked higher by 0.1% each.

Stock futures remained largely unchanged on Monday as investors awaited crucial inflation data, specifically the consumer price index (CPI) for October, which could influence the Federal Reserve's future interest rate decisions. The market's anticipation stems from the potential impact of this data on whether the Fed will maintain its current rate policy or adjust it in response to economic conditions. Additionally, the article mentions that the S&P 500 and Nasdaq Composite had recently experienced their longest weekly losing streaks since September 2022, reflecting investor concerns over persistent inflation and economic stability. Other economic indicators like the producer price index (PPI) and retail sales figures are also due, adding to the week's significance for market watchers.

Read the Full NBC Washington Article at:
[ https://www.nbcwashington.com/news/business/money-report/stock-futures-are-little-changed-as-investors-brace-for-key-inflation-data-live-updates/3789018/ ]

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