Futures climb as investors eye inflation data, quarterly earnings
Quarterly reports from big banks are also highly anticipated later this week, with the lenders expected to report stronger earnings, fueled by robust dealmaking and trading. Comments from Kansas City Fed President Jeffrey Schmid and New York Fed President John Williams,
Investors looked ahead to the release of December’s CPI data and the start of the fourth-quarter earnings season.
Data Tuesday showed wholesale inflation slowing, but bigger price gains in key categories that feed into the Fed’s preferred ...
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday.
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
Live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Oil futures return some gains amid profit-taking after the rally that was prompted by increased U.S. sanctions against Russia and strong winter demand for heating fuels. Ritterbusch sees the response ...
U.S. stock futures were surging on Wednesday morning after the consumer-price index report showed inflation ticked up 0.4% in December, higher than the 0.3% forecast. But core inflation, which omits ...
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