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Futures down ahead of key inflation data

Futures down ahead of key inflation data
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Dow, S&P 500 edge higher after inflation rises as expected

Dow, S&P 500 edge higher after inflation rises as expected
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Wall St slips as investors juggle growth data; Salesforce weighs on Dow

Wall St slips as investors juggle growth data; Salesforce weighs on Dow
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S&P 500, Nasdaq futures rise as markets await inflation data

Wall Street's main indexes were mixed on Tuesday as traders returned from a holiday-extended weekend, with the focus on key inflation data later in the week that could influence expectations for the Federal Reserve's rate-cut path. The possibility that the world's most influential central bank could kick off interest-rate cuts this year has sent Wall Street on a record-breaking rally since late 2023, with the Nasdaq and S&P 500 marking their fifth straight week of gains on Friday. However, expectations for the timing of rate cuts have see-sawed, with policymakers wary as the data still reflects sticky inflation.

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S&P 500, Nasdaq poised for higher open as investors await inflation data

By Johann M Cherian and Lisa Pauline Mattackal

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