Reported 10 days ago
US stock futures showed little movement before the opening bell as investors awaited the crucial Personal Consumption Expenditures (PCE) inflation report, which is expected to influence the Federal Reserve's future interest rate decisions. Despite a recent rally in stocks, futures for S&P 500 and Dow Jones were flat, while Nasdaq 100 saw a slight decline. Analysts anticipate the PCE index to indicate a year-over-year inflation rate of 2.3%, down from 2.5% in July. Additionally, China's recent stimulus measures boosted its stock market, while shares of major companies like Alibaba and JD.com surged.
Source: YAHOO