US stock futures just higher; cautious trading before inflation, earnings By Investing.com

From Investing.com: 2024-04-09 06:28:01

U.S. stock index futures edged higher on Tuesday before key inflation data and the start of the earnings season. With Treasury yields spiking and inflation ticking up, traders are cautious about potential interest rate changes. Federal Reserve minutes and CPI data for March will provide further clues on rate movements. Big banks like JPMorgan Chase and Wells Fargo will kick off the earnings season, while Taiwan Semiconductor Manufacturing remains in focus after receiving a hefty subsidy for a new semiconductor plant. Oil prices rebounded on uncertainty surrounding ceasefire talks in the Israel-Hamas conflict.



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