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· 3hUS stock futures down as trade truce rally fades, inflation data in focus
U.S. stock index futures were down on Tuesday, pulling back after a sharp rally fueled by a U.S.-China trade truce, as investors turned their focus to a key U.S. inflation reading that could shape the outlook for monetary policy.
Stock futures were mixed Tuesday after kicking off the week with massive gains fueled by a de-escalation in the trade spat between the U.S. and China.
Monthly data for the consumer price index showed that prices rose 0.2% in April, which is what analysts on Wall Street had forecasted. That puts CPI at 2.3% year-over-year and core CPI at 2.8%.
The pause in U.S.-China tariffs fueled a Monday stock rally. April's Consumer Price Index report was released at 8:30 a.m. ET, showing inflation slowed last month. Follow along for live updates on the ...
Stocks were headed for big gains on Monday after the U.S. and China said that they had reached a deal to slash tariffs on ...
S&P 500 futures are down 0.4%. Dow Jones Industrial Average futures are dipping 0.3%. Nasdaq 100 futures are retreating 0.5%. On Monday, the Dow Jones Industrial Average rose 1161 points, or 2.81%, to ...
US stock futures surged after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower ...
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