Reported 1 day ago
Futures related to Wall Street indexes showed little movement on Tuesday as investors braced for an important inflation report set to be released this week, which may affect the Federal Reserve's interest rate decision. Expected to reveal a slight increase in consumer prices, this report is one of the last significant data points before the Fed's upcoming meeting. Despite recent solid job growth, speculation suggests the Fed may pause interest rate cuts in January. After a positive November amid President Trump's election, Wall Street is adjusting expectations following a red trading session led by declines in technology stocks.
Source: YAHOO