Reported about 8 hours ago
U.S. stock futures remained stable as Wall Street prepared for the July inflation report, with President Trump nominating E.J. Antoni to lead the Bureau of Labor Statistics. Following a concerning jobs report and revisions to previous data, Trump reaffirmed his desire for accurate statistics. Meanwhile, after-hours trading saw Intel's stock gain following a meeting between Trump and the company's CEO. The upcoming Consumer Price Index report is anticipated to show increased prices due to recent tariffs, potentially complicating decisions for the Federal Reserve amidst signs of a softening labor market.
Source: YAHOO