Inflation eased to 4-year low
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Stock index futures pared some losses and is now trading mixed on Tuesday, a day after a massive rally sparked by U.S.-China trade deal hopes. Investors were now eyeing the retail inflation report. S&P 500 futures (SPX) -0.
U.S. stock index futures were lower on Tuesday after a spirited rally sparked by Washington's temporary trade truce with China subsided and investors shifted focus to a crucial U.S. inflation report that will likely shape the monetary policy path.
Stock futures were little changed in overnight trading following a big rally, as investors look ahead to a key inflation report Tuesday morning. Futures on the Dow Jones Industrial Average inched up 24 points. S&P 500 futures and Nasdaq 100 futures were both flat.
The broad market index ended Wednesday’s trading modestly higher, as traders extended the tariff relief rally for a third day.
US stock futures, particularly the Dow Jones are trading under pressure, as the risk-on rally appeared to have faltered on Wall Street. The Dow Jones futures are down 200 points, while those on the S&P 500 and Nasdaq are trading just below the flat line.
US stocks end mixed after overall April inflation eased but a narrower measure remained unchanged. Nvidia shares rose to regain its $3T market cap.
It serves as a key gauge of inflation. According to a CNBC report citing Dow Jones consensus, the CPI is expected to stay at a 2.4% rate in April. The stock market futures fall came a day after a ...
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,