US stock futures rise after CPI print boosts easing expectations
US stock futures climbed after the July CPI reading met expectations, with S&P 500 futures up 0.3% and Nasdaq futures up 0.7%, as investors priced in the possibility that the Federal Reserve could move toward easing policy. The gains reflected reduced pressure on the Fed to raise rates in September.
Detected & updated continuously · Source: Nebula
Story subjects
Sources
@TU_Crypto_News
U.S. stock futures climbed after the latest CPI reading boosted expectations that the Federal Reserve could move toward easing policy. Investors are now watching for further evidence that inflation is cooling enough to open the door to lower rates.
@Hedgeye
S&P 500 futures extend gains as July CPI matches forecasts https://t.co/6VCJ9CWHah
@coinbureau
🚨UPDATE: Global markets rise ahead of U.S. CPI. Global equities edged higher ahead of July's inflation data for clues on the Fed’s September decision, with markets pricing roughly even odds of a rate hike. • S&P 500 futures: +0.3% • Nasdaq futures: +0.7% • South Korea’s https://t.co/x6DfPSZLsJ