tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

U.S. Stock Futures Rise as Investors Eagerly Await Key Inflation Data

U.S. Stock Futures Rise as Investors Eagerly Await Key Inflation Data

U.S. stock futures edged higher Wednesday evening as investors looked ahead to the first consumer inflation report to be issued since last month’s government shutdown ended. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.25%, 0.04%, and 0.13%, respectively, at 6:26 p.m. EST on December 17.

Claim 50% Off TipRanks Premium and Invest with Confidence

Major stock indices closed lower on Wednesday as renewed AI‑bubble concerns weighed on sentiment. Overall, the tech-heavy Nasdaq fell 1.8%, while the S&P 500 and the Dow slipped 1.2% and 0.5%, respectively.

On Thursday, major U.S. economic reports scheduled for release include the Consumer Price Index (CPI), Initial Jobless Claims, and the Philadelphia Fed Manufacturing Index, all at 8:30 a.m. EST. Markets will closely watch the highly anticipated November CPI report as it will influence the Federal Reserve’s policy decisions.

Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.

Disclaimer & DisclosureReport an Issue

1