Stock Market Slightly Rises Ahead of CPI Report and Bank Earnings

Reported about 5 hours ago

U.S. stock futures saw minor increases as investors prepared for a key consumer inflation report and awaited earnings from major banks. The Dow and S&P 500 both rose about 0.2%, while the tech-heavy Nasdaq showed similar gains after a mixed day on Wall Street. Analysts expect the consumer price index for December to indicate annual headline inflation at 2.9%, with a monthly increase of 0.4%. The morning’s reports will significantly impact market sentiment as expectations fluctuate regarding the Federal Reserve's future interest rate decisions.

Source: YAHOO

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