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Stock market news today: Stock futures inch up ahead of January CPI report
Yahoo Finance
Stock market news today: Stock futures inch up ahead of January CPI report
Here's what's moving markets on Tuesday, February 14, 2023.
Alexandra Semenova · Reporter
Tue, February 14, 2023 at 3:23 AM PST · 3 min read
U.S. stock futures crept higher in the early trade Tuesday as Wall Street awaited a major inflation reading poised to direct expectations on the Federal Reserve's path forward for interest rates.
The Bureau of Labor Statistics is scheduled to release its January Consumer Price Index (CPI) at 8:30 a.m. ET.
Economists expect headline CPI rose 6.2% over the prior year last month consensus estimates from Bloomberg showed. On a month-over-month basis, CPI likely jumped 0.5% in January, according to the projections.
{snip}
Stock market news today: Stock futures inch up ahead of January CPI report
Here's what's moving markets on Tuesday, February 14, 2023.
Alexandra Semenova · Reporter
Tue, February 14, 2023 at 3:23 AM PST · 3 min read
U.S. stock futures crept higher in the early trade Tuesday as Wall Street awaited a major inflation reading poised to direct expectations on the Federal Reserve's path forward for interest rates.
The Bureau of Labor Statistics is scheduled to release its January Consumer Price Index (CPI) at 8:30 a.m. ET.
Economists expect headline CPI rose 6.2% over the prior year last month consensus estimates from Bloomberg showed. On a month-over-month basis, CPI likely jumped 0.5% in January, according to the projections.
{snip}