Stocks expected to open higher, fueled by positive economic data and earnings reports

From NASDAQ: 2024-08-12 07:08:52

September S&P 500 E-Mini futures are up +0.10%, and Nasdaq 100 E-Mini futures are up +0.21%. Wall Street closed higher on Friday with top gainers like Akamai and Trade Desk. Intel slumped after Moody’s downgraded its debt rating. Fed officials hint at possible rate cuts soon based on economic data. U.S. inflation report for July and key economic data releases expected this week. Germany’s WPI data beats expectations. China’s Shanghai Composite closes slightly lower. Japanese markets closed for Mountain Day holiday. Starbu…



Read more at NASDAQ: Stocks Set to Open Higher as Investors Await U.S. Inflation Data and Retail Earnings