Stock market today: Dow futures slip as stocks tread water ahead of CPI inflation report

Published On Oct 10, 2024, 6:42 AM

U.S. stock futures fell slightly as investors awaited the crucial consumer inflation report for September. Dow futures were down 0.1% and S&P 500 futures dropped 0.2%. Analysts are particularly focused on this report to assess the potential impact on Federal Reserve interest rate policies. If inflation rises unexpectedly, it could alter the current outlook regarding rate cuts, which have been anticipated by the market. Current forecasts expect an inflation rate of 2.3% annually and 0.1% monthly for September, down from the previous month.