Stock futures are flat ahead of the first trading day of August
Brendan McDermid | Reuters
U.S. stock futures rose in overnight trading on Sunday as investors geared up for the first trading day of August.The major averages managed to notch their sixth month of gains in July, although volatility increased amid concerns about the economic recovery in the face of the spreading delta Covid variant. The Nasdaq Composite and Dow Jones Industrial Average added about 1.2% and 1.3%, respectively, in July, while the broad S&P 500 gained close to 2.3% last month.
Concerns about inflation also plagued the market, however a key inflation indicator showed lesser-than-feared price pressures on Friday. The core personal consumption expenditures price index year-over-year. It marked a sharp acceleration in inflation, but came in slightly below a Dow Jones forecast of a 3.6% jump.on an annualized basis, considerably less than the 8.4% rate of growth expected by Dow Jones.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Earthquake, Magnitude 1.5 - CROATIA - 2021 August 01, 22:23:59 UTCMagnitude: ML 1.5, Region: CROATIA, Date time: 2021-08-01 22:23:59.0 UTC, Location: 45.49 N ; 16.17 E, Depth: 1 km.
Read more »
Your August 2021 Horoscope Is Here, And The Universe Has A Message For YouWondering what the stars have in store for you this month? An expert astrologer shares her August 2021 horoscope predictions for every zodiac sign.
Read more »
Your Sagittarius Monthly Horoscope for AugustAlexa, play 'Deja Vu.'
Read more »
Your Leo Monthly Horoscope for AugustYou are the main character.
Read more »
Who Can Visit Scandinavia In August 2021?Travel restrictions in Denmark, Norway and Sweden. The Scandinavian countries are now open to most European travelers, but restrictions on global tourism remain in place.
Read more »
What’s Coming to Disney Plus in August 2021In August, Disney Plus is bringing new episodes of freshman series such as “Chip ‘n’ Dale,” “Monsters at Work” and “Turner & Hooch” to the streaming service. The streamer will also have some th…
Read more »