Friday, May 17, 2024
HomeTrading RoomIn Front of Important Inflation Figures on Wednesday, Stock Futures are Slightly...

In Front of Important Inflation Figures on Wednesday, Stock Futures are Slightly Moved

On Wednesday morning, as Wall Street anticipated the producer price index, stock futures showed no change.

Both futures linked to the S&P 500 and the Dow Jones Industrial Average traded relatively flat. Futures for the Nasdaq 100 increased 0.08%.

Stocks are coming off a positive session as Wall Street assessed the consequences of the Israel-Hamas conflict and Treasury yields dropped from recent highs. The S&P 500 rose 0.52%, the Nasdaq Composite rose 0.58%, and the 30-stock Dow increased 0.40%.

The benchmark 10-year Treasury yield, meanwhile, decreased by around 13 basis points to about 4.65%.

Source (CNBC)

SourceCNBC
- Advertisment -

Most Popular

Recent Comments