Stock Futures Steady as Inflation Data Looms, Tech Giants Mixed

1 min read
Source: CNBC
Stock Futures Steady as Inflation Data Looms, Tech Giants Mixed
Photo: CNBC
TL;DR Summary

Stock futures remained largely unchanged as investors await key inflation data, with Dow Jones, S&P 500, and Nasdaq 100 futures showing minimal movement. The upcoming consumer price index (CPI) report is expected to show a 0.3% monthly increase and a 2.7% annual rise, with core CPI anticipated to rise 0.3% monthly and 3.3% annually. This data, along with the producer price index, will be crucial ahead of the Federal Reserve's policy meeting, where there's an 85% chance of an interest rate cut. Investors are also monitoring corporate earnings, including Adobe's results.

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