U.S. stock futures point to fifth day of gains with pivotal CPI data set for release

U.S. stock futures on Tuesday were pointing to a fifth day of gains, ahead of critical data on inflation that's likely to determine whether the rally continues.

U.S. stock futures on Tuesday were pointing to a fifth day of gains, ahead of critical data on inflation that’s likely to determine whether the rally continues.

The... U.S. stock futures on Tuesday were pointing to a fifth day of gains, ahead of critical data on inflation that’s likely to determine whether the rally continues. “We will repeat what we have said many times – by yearend core inflation will be in a better place and in an even better place as we get toward the middle of next year ,” said Tom Porcelli, chief U.S. economist at RBC Capital Markets. “On balance our central thesis on inflation is do not be surprised if inflation surprises to the downside in the months to come.”

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