Stock futures are little changed as investors look toward key inflation report: Live updates

Published On Nov 12, 2024, 6:02 PM

U.S. stock futures showed little movement as investors awaited the latest consumer price index (CPI) data, which is key for understanding inflation rates. On Tuesday, major averages fell slightly, with the Dow dropping about 382 points, reflecting a period of profit-taking and positioning ahead of upcoming economic reports. Analysts predict a 0.2% increase in CPI for October, which could signal strong economic conditions, impacting Federal Reserve decisions on interest rates.

Read full article

Stock Forecasts

SPYView SPY chart on TradingView

Positive

The positive economic signals, especially concerning CPI and strong retail sales anticipated this week, suggest that investors might regain confidence in the market.

SHView SH chart on TradingView

Negative

If the CPI numbers come in higher than expected, it could lead to concerns about inflation, pushing the market down further as investors adjust their expectations for Federal Reserve actions.

Related News

Market has 'room to run' but that doesn’t mean buy more stocks: Bridgewater co-CIO

Nov 12, 2024, 4:44 PM

A red-hot stock market still has "room to run," but that doesn't make it the best place to put your money right now, according to the co-chief investment officer of the world’s largest hedge fund.

SPY
TLT
GLD

Stock market today: Dow leads stocks down as record-setting rally takes a breather

Nov 12, 2024, 3:09 PM

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

BA
COIN
SHOP
SPY

Corporate America Bets on a Market-Friendly Trump 2.0

Nov 12, 2024, 12:00 PM

Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

XLF
TSLA
CXW
FSLR
SPY