U.S. stock index futures rose slightly in evening deals on Tuesday, tracking a mildly positive session on Wall Street as investors hunkered down before key inflation data that is expected to factor into the outlook for interest rates.
Investing.com--
Such a scenario gives the Fed little impetus to begin cutting interest rates early, given that recent data also showed the U.S. labor market running hot. While the Fed had reiterated its outlook for a 75 basis point cut during the meeting, several Fed officials questioned this outlook, especially in the face of sticky inflation.
U.S. Stock Futures Inflation Data Interest Rates Wall Street Federal Reserve Earnings Season
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.
U.S. Stock Futures Rise After Strong Payrolls Data, Focus Shifts to InflationU.S. stock index futures rose in evening deals on Sunday after Wall Street bounced past hotter-than-expected payrolls data, with focus now turning towards an upcoming inflation reading for more cues on interest rates.
Read more »
Stock Futures Rise After Down Week as 2024's Rally Takes a BreatherStock futures rose slightly in overnight trading Sunday after the market suffered a down week as 2024's rally took a breather. The surprising gain in payrolls gave investors hope that a strong economy could continue to support corporate earnings growth, even if it means higher interest rates for longer.
Read more »
Stock futures rise slightly in overnight trading following the market's losing week: Live updatesThe stock market just suffered a down week as 2024’s rally took a breather.
Read more »
Stock futures rise in overnight trading following the market's losing week: Live updatesThe stock market just suffered a down week as 2024’s rally took a breather.
Read more »
Stock futures rise to start the second quarter as Dow approaches 40,000: Live updatesStock futures rose slightly on Monday as Wall Street kicked off the second quarter following a strong start to the year.
Read more »
Stock futures rise as Wall Street readies for the start of the second quarter: Live updatesStock futures rose slightly as Wall Street prepared for the start of the second quarter.
Read more »