Tuesday, May 21, 2024
HomeTrading RoomAs Investors await Important Statistics on Inflation, Stock Futures Barely Moved

As Investors await Important Statistics on Inflation, Stock Futures Barely Moved

On Tuesday, as Wall Street prepared for the publication of important inflation figures, stock futures twitched close to the zero line. Futures on the Nasdaq 100 increased slightly, but those on the S&P 500 remained unchanged.

The Dow Jones Industrial Average futures saw a 12-point increase. The Dow has ended the longest winning streak it had since December, having just finished its first losing session in nine.

Along with the Nasdaq, the S&P 500 also edged lower. Consumer expectations for both short- and long-term inflation increased in April, according to a report from the New York Federal Reserve. Both the major averages and stocks were impacted by the outcomes.

Source (CNBC)

SourceCNBC
- Advertisment -

Most Popular

Recent Comments