Futures dip ahead of key inflation data

Anticipated Inflation News

Futures dip ahead of key inflation data
Stock Index FuturesFederal ReserveCPI Report
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At 5:23 a.m. ET, Dow E-minis were down 63 points, or 0.15%, S&P 500 E-minis were down 10.5 points, or 0.18% and Nasdaq 100 E-minis were down 44.5 points, or ...

- U.S. stock index futures declined on Thursday as investors braced for a highly anticipated inflation report, which is expected to provide more clarity on the monetary policy direction for the remainder of the year.

Thursday's consumer price index report is now in focus for insight on the central bank's battle with inflation and its implications for borrowing costs. Third-quarter earnings growth rate for the S&P 500 is estimated at 5% year-over-year, according to estimates compiled by LSEG, and will be a key test for whether the recent equity rally can be sustained.Earnings season comes at a busy point for investors as they grapple with rising Treasury yields - the benchmark 10-year Treasury note yield is trading around its highest since late July - along with the impact of the Middle East conflict on oil prices and the upcoming U.S.

SUNNYVALE, Calif., Oct. 10, 2024 -- GSI Technology, Inc. , developer of the Gemini® Associative Processing Unit for AI and high-performance parallel computing and a leading provider of high-performance memory solutions for networking, telecommunications and military markets, will announce financial results for its fiscal second quarter 2025 ended September 30, 2024 after the market close on Thursday, October 24, 2024.

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