Reported about 11 hours ago
US stock futures showed mixed results as investors prepared for an important consumer inflation report and the start of earnings season for major banks. The S&P 500 and Dow Jones futures declined by 0.1%, while Nasdaq futures remained stable after record highs. A rising Consumer Price Index is expected, indicating the impact of tariffs on prices, while major banks, including JPMorgan and Citi, are set to address concerns about the recent tariff-driven market volatility. Additionally, President Trump's recent tariff threats are influencing the outlook for both inflation and interest rates, with expectations leaning towards a rate cut in the upcoming months.
Source: YAHOO