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Futures for Stocks Move Higher as Traders await this Week’s First of Two Important Inflation Data

As investors positioned themselves for the first of two inflation readings that are expected this week, stock futures increased on Tuesday.

Dow Jones-linked futures increased 152 points, or around 0.4%. Futures on the Nasdaq 100 increased 0.7%, while futures on the S&P 500 increased 0.5%.

The wholesale inflation indicator, the producer price index, is scheduled to be released at 8:30 a.m. ET. When compared to the core statistic, which does not include food and energy, the headline PPI is expected to grow by 0.4%.

Source (CNBC)

SourceCNBC
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