Wall Street Futures Gain Ahead of Key Inflation Data

Reported about 6 hours ago

U.S. stock index futures saw a slight increase as investors remained cautious before critical inflation data expected to influence Federal Reserve policy. With consumer price readings due and a recent drop in producer inflation, speculation about interest rate cuts has intensified. The labor market's unexpected weakness has raised expectations for a 25-basis-point cut in the Fed's upcoming meeting, while tech stocks, particularly Oracle, have driven market momentum despite the historical trend of September being a challenging month for equities.

Source: YAHOO

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