Reported 11 days ago
U.S. stock futures showed slight gains as investors awaited crucial inflation data for October, which indicated a steady increase to 2.6%. Despite earlier declines, the S&P 500 and Dow Jones Industrial Average rebounded post-data release, pushing expectations for a potential rate cut by the Federal Reserve. However, concerns linger regarding mounting valuations in the wake of significant political outcomes that could impact future economic conditions.
Source: YAHOO