Market Rally and Novo Nordisk Soar as Dow Jones Futures Rise Amid Looming Inflation Data

1 min read
Source: Investor's Business Daily
Market Rally and Novo Nordisk Soar as Dow Jones Futures Rise Amid Looming Inflation Data
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose modestly ahead of the release of the CPI inflation report. Delta Air Lines and Ford Motor were also in focus. The stock market rally erased early gains but bounced back to close near session highs, with the Nasdaq leading. Delta Air Lines topped third-quarter earnings views, while Ford Motor faced an expanded strike at its truck plant in Kentucky. Economists expect the September consumer price index to rise 0.3%, with the CPI inflation rate slowing to 3.6% year over year.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

7 min

vs 8 min read

Condensed

94%

1,45292 words

Want the full story? Read the original article

Read on Investor's Business Daily