The S&P 500 and Nasdaq, both on seven-session winning streaks, were looking lower after more records.
My top 10 things to watch Thursday, July 11 The S & P 500 and Nasdaq , both on seven-session winning streaks, looked to open lower after record closes on Wednesday. The June consumer price index came in around its lowest inflation level in more than three years. Stock futures were initially higher on the CPI numbers but later fell on some worries about deflation.
A trader works as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023.around its lowest inflation level in more than three years. Stock futures were initially higher on the CPI numbers but later fell on some worries about deflation.that central bank chief Jerome Powell is pivoting and coming around to the idea that it's time to start cutting rates.
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