"Market Braces for Potential Inflation Shock in February CPI Report"

1 min read
Source: Investing.com
"Market Braces for Potential Inflation Shock in February CPI Report"
Photo: Investing.com
TL;DR Summary

US stock index futures fell as the technology sector experienced profit-taking, with focus shifting to upcoming inflation data and concerns over the path of US interest rates. Wall Street indexes pulled back from record highs, and investors are awaiting CPI data for cues on the economy and potential rate cuts. The recent mixed employment report and comments from Federal Reserve officials have contributed to market caution, leading to questions about the sustainability of the Wall Street rally, particularly in the technology sector.

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