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CPI Inflation Data May Keep Fed Rate Hikes On Hold (Live Coverage)
Investor's Business Daily3d agoneutral
CPI Inflation Data May Keep Fed Rate Hikes On Hold (Live Coverage)

Consumer price index inflation data, out at 8:30 a.m. ET, may further dampen odds of a Federal Reserve rate hike in September following Friday's weak July jobs reports. S&P 500 futures are slightly higher ahead of the CPI inflation report, holding just off record highs despite inching lower on Monday and Tuesday. Wall Street expects the overall CPI to rise 0.1%, lowering the 12-month headline inflation rate to 3.4% from 3.5%, according to the Econoday consensus forecast.

Stock Market: Will S&P 500 Open Up or Down Today?
Benzinga Prediction Markets3d agoneutral
Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures are showing modest gains early Wednesday, as investors digest a mix of robust corporate earnings against the backdrop of an intensifying geopolitical impasse in the Middle East and an expected read on U.S. inflation. The Polymarket (CRYPTO:...