S&P 500 futures are little changed ahead of key inflation report: Live updates
Published On Feb 27, 2025, 6:02 PM
Stock futures remained mostly flat as investors await important inflation data. The market has been experiencing some volatility, particularly in February, with the S&P 500 down by 2.5% this week. Key driving factors include upcoming data on personal consumption expenditures which is projected to indicate ongoing inflation pressures and concerns surrounding potential tariffs announced by President Trump. The technology-heavy Nasdaq has particularly suffered, with notable drops in mega-cap stocks such as Nvidia, which fell 8.5%. Investors are seeking clarity on economic conditions, including inflation and consumer spending, ahead of the fresh data release tomorrow.
Stock Forecasts
SPY
Neutral
The upcoming inflation data could lead to market volatility, particularly if it indicates higher inflation than expected, which may cause concern regarding interest rate hikes. However, if the data aligns closely with expectations, it could stabilize sentiment.
QQQ
Negative
Given the recent drop in tech stocks, especially Nvidia, and uncertainty in consumer confidence, the tech sector may remain under pressure in the short term. Investors should be cautious about tech stocks while waiting for further economic indicators.
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