Dow futures flat, traders brace for CPI – U.S. stock futures were trading in a tight range during Tuesday’s evening deals, following a mixed session for major benchmarks, as investors braced for fresh consumer price index data set for release during Wednesday’s session.

By 9:35pm ET (11:35pm GMT) , and were each trading within a range of 0.1%.

Ahead in Wednesday’s trade, market participants will be closely monitoring data, with analysts expecting a 3.6% annualized increase, up from last month’s reading of 3.2%.

During Tuesday’s trade, the lost 17.7 points or 0.1% to 34,646, the dipped 25.6 points or 0.6% to 4,461.9 and the lost 144.3 points or 1% to 13,773.6.

Adobe Systems Incorporated (NASDAQ:) shed 4% following disappointing and soft guidance.

On the bond markets, rates were at 4.28%.

Source link






Leave a Reply

Your email address will not be published. Required fields are marked *