Reported 1 day ago
U.S. stocks saw a rise in pre-market trading, with S&P 500 and Nasdaq futures increasing after inflation data revealed higher-than-expected consumer prices in August, bringing annual inflation to 2.9%. The data presents a mixed economic outlook ahead of the Federal Reserve's meeting, while several tech stocks, especially Oracle, enjoyed significant gains. Investors are now closely watching consumer inflation reports and upcoming earnings announcements, amid expectations for potential interest rate adjustments.
Source: YAHOO