Reported 2 days ago
US stock index futures experienced a positive turn on Wednesday after the consumer inflation data for May revealed a lower-than-expected rise. The Consumer Price Index (CPI) increased by 0.1% month-over-month, below the anticipated 0.2%, while the annual increase was at 2.4% compared to the forecast of 2.5%. Core CPI also rose by 0.1%, matching the lower expectations. Following the report, major indices like the Dow, S&P 500, and Nasdaq saw gains in futures trading.
Source: YAHOO