US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.
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US stock futures wavered as investors digested new inflation data and awaited updates on US-Iran talks and President Trump's trip to China.
US equity indexes traded mixed on Tuesday as a hotter-than-expected inflation print amid soaring gas
What Happened in Markets Today Semis took a breather, and so did stocks. A reversal for the semiconductor sector brought the market to a standstill. The S&P 500 fell 0.2%, and the Nasdaq composite dropped 0.
US equity indexes fell in Tuesday's midday trading as a hotter-than-expected inflation print for Apr
By Ragini Mathur and Utkarsh Hathi May 12 (Reuters) - Wall Street's main indexes edged lower on Tuesday, with the S&P 500 and the Nasdaq pulling back from record highs after a hotter-than-expected
May 12 (Reuters) - The S&P 500 and the Nasdaq opened lower on Tuesday, as investors weighed a hotter-than-expected inflation report and fading hopes for a swift resolution to the Middle East conflict.
Major stock indexes are settling in after a bit of volatility this morning. Dow futures have turned slightly positive, while S&P 500 futures are down 0.2%. Nasdaq futures are down 0.6%. Each of these indexes is in a place better than where they were immediately after the inflation report came out.
Consumer prices jumped more than expected in April, a sign that inflation is accelerating as the Iran war's fallout ripples through the economy. The headline consumer price index rose 0.6% from the previous month and 3.8% from a year earlier, above the 0.59% monthly gain and 3.7% annual increase economists had forecast, according to a survey by FactSet. The 3.8% annual increase marks the fastest pace of price growth since May 2023 and is also a notable jump from March, when CPI rose 3.3% year over year.
Stocks continued their downward drift after April inflation data came in higher than expected. S&P 500 futures declined 0.5%, and contracts tied to the tech-heavy Nasdaq 100 dropped nearly 1% right after the report.
McDonald's shares haven't been this low since August 2024.
Wall Street futures pointed moderately lower pre-bell Tuesday as traders weighed rising crude prices
U. S. stock futures edged lower on Tuesday as investors monitored mounting uncertainty surrounding the conflict between the United States and Iran, while also preparing for the release of closely watched U.
The Dow Jones Industrial Average added 0.2%, while the S&P 500 also inched 0.2% higher and the Nasdaq Composite edged up 0.1%. Investor attention is focused squarely on events later in the week, including inflation data and a meeting between the U.S. and China. Sure, there’s still a war going on, and the impasse in the Gulf shows no signs of ending as the U.S. and Iran fail to reach a peace agreement.
US stock futures rose as Wall Street awaited April's inflation report, which is expected to provide clues about how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.
US stock futures rose as Wall Street awaited April's inflation report, which is expected to provide clues about how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.
US stock futures rose as Wall Street awaited April's inflation report, which is expected to provide clues about how the war in Iran is affecting the economy and where Federal Reserve interest rates may be headed.
Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records. The price for a barrel of Brent crude oil climbed 2.9% to top $104 Monday after President Donald Trump said the U.S.-Iran ceasefire was on life support after he rejected Iran’s latest proposal to end their war. The Dow rose 0.2%, and the Nasdaq composite gained 0.1% to its own record.
Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.Beijing has said it is ready to work with Washington in pursuit of "more stability" as the two countries remain at odds over key issues including trade tariffs, the Middle East war and Taiwan.
Stocks are inching lower on Monday in anticipation of a pivotal week, with data on inflation and retail sales. The Dow was down 68 points, or 0.1%, while the S&P 500 was down 0.1%. Markets are awaiting an update on prices, especially gasoline when the consumer price index is released Tuesday morning.
US equity investors will look out for consumer price inflation as hopes diminish for a return to Ira
Trump's China trip and the April inflation report will be the week's two biggest developments for investors.