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Dec 10 - Futures tied to Wall Street's main indexes were subdued on Tuesday as investors exercised caution ahead of a crucial inflation report this week that could influence the Federal Reserve's upcoming interest rate verdict.
However, bets indicate the central bank is expected to pause its easing cycle in January, as a host of Fed officials last week hinted at a slower pace of monetary policy easing on the back of a resilient economy. "With most stock indices recording significant gains in November, particularly after Trump's reelection, red sessions like yesterday's are pretty useful in reining in expectations of a perpetual rally," Achilleas Georgolopoulos, market analyst at forex broker XM, wrote in a morning note.
Most megacap and growth stocks were slightly higher, though Google-parent Alphabet , outperformed with an 2.2% advance.
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