Wall St Futures Extend Gains After Economic Data
Traders priced in a lower chance of an October rate hike after the Commerce Department said August PCE inflation rose 0.3% and core prices 0.2%.
4 Articles
4 Articles
Wall St futures extend gains after economic data
Sept 30 (Reuters) – US stock index futures moved higher on Wednesday as a cooler-than-anticipated inflation reading lifted hopes that the Federal Reserve might not raise interest rates as soon as next month. A Commerce Department report showed the Personal Consumption Expenditures Price index rose 0.3% in August, compared with a 0.4% increase expected by economists polled by Reuters. Annually, it stood at 3.4% against estimates of 3.7%. T…
Dow Jones| Nasdaq | US Stock Market Today | Live: US market futures extend gains after economic data
Dow Jones Today | US Stock Market Live: US stock index futures moved higher on Wednesday as a cooler-than-anticipated inflation reading lifted hopes that the Federal Reserve might not raise interest rates as soon as next month.
Stocks Rally as US Growth Strengthens and Inflation Comes in Below Expectations
US equities have rallied following a quiet start to the morning as investors digest stronger economic growth, accelerating private sector hiring and softer-than-expected core inflation. NASDAQ and Dow futures are both up 0.3%. Positive economic reports out of China have also added to the improving backdrop, while Treasury yields and the US Dollar are giving […]
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