Stagnant stock futures await key inflation report, investors cautious about rising inflation

From Google News: 2024-08-14 06:26:00

Stock futures are stagnant as investors await the release of the key inflation report. The Dow Jones Industrial Average is seen flat, while the S&P 500 and Nasdaq are also holding steady. Investors are cautious amid concerns about rising inflation and potential shifts in monetary policy. In recent trading sessions, tech stocks have been under pressure. Market participants will be closely watching the release of the consumer price index (CPI) data later in the day for further insight into inflation trends. traders will keep an eye on the CPI report for clues on the Federal Reserve’s next steps regarding interest rates and asset purchases.



Read more at Google News: Stock futures are little changed ahead of key inflation report: Live updates – CNBC