U S stock markets tumble on rising inflation data tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
U.S. stock futures point to a higher opening on Monday as the market reopens after a long weekend. The price consumption expenditure index released Friday showed that the Federal Reserve’s preferred inflation gauge rose in line with expectations.
Some investors say it is a bullish signal that the market is rallying without the likes of Apple and Tesla because it means other groups are taking part.