As investors await important inflation statistics to provide more hints about the sustainability of this year’s market run, stock futures were flat on Monday.
Expectations include earnings from a number of significant consumer and banking heavyweights.
While Dow Jones Industrial Average futures were trading just over the flatline, S&P 500 futures saw a slight increase. One percent was added to Nasdaq-100 futures.
As hope that reducing inflation and any pockets of weakness in the economy later this year could result in a Federal Reserve interest rate decrease continues, the S&P 500 is coming off its fourth positive week in the previous five.
Source (CNBC)
