CNBC: S&P 500, Nasdaq 100, and Dow futures edge higher ahead of economic data

IconCryptoNewsTerminal Staff15 Jul, 2024

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CNBC: S&P 500, Nasdaq 100, and Dow futures edge higher ahead of economic data

CNBC: S&P 500, Nasdaq 100, and Dow futures edge higher ahead of economic data U.S. stock futures were slightly higher in overnight trading on Thursday, as investors remained cautious ahead of a data-heavy week. The S&P 500 futures were up 0.1%, the Nasdaq 100 futures advanced 0.1%, and the Dow Jones Industrial Average futures gained 0.1%. On the economic data front, investors will be keeping a close eye on the release of the weekly jobless claims report on Thursday, as well as the consumer price index (CPI) and producer price index (PPI) reports on Friday. The CPI report is expected to show that inflation remains elevated, while the PPI report is expected to show that producer prices are continuing to rise. These reports will provide investors with more information about the current state of the economy and could influence the Federal Reserve's decision-making at its next meeting in March.

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