Stock futures are stagnant as investors await crucial reports on inflation and retail sales.

From Google: 2024-08-11 19:00:00

Stock futures are barely moving as investors await crucial reports on inflation and retail sales. Analysts are closely watching these numbers for clues on how the economy is faring in the face of rising prices and supply chain disruptions. The Labor Department will release its Consumer Price Index for November, which is expected to show a 0.7% increase from the previous month. The Commerce Department will also unveil retail sales data for the same month, with analysts predicting a modest 0.8% gain. These reports could have a significant impact on market sentiment and future monetary policy decisions.



Read more at Google: Stock futures are little changed ahead of key inflation and retail data: Live updates – CNBC