US stock futures inch lower, PCE inflation test looms this week

johnsonsu

Junior member
Messages
16
Likes
0
It seems like there's some cautious sentiment in the U.S. stock market as investors await key PCE inflation data this week. The slight decline in stock index futures follows recent volatility driven by concerns about high interest rates. The upcoming PCE price index data will be closely watched as it could provide further insight into the Federal Reserve's stance on monetary policy. Despite some record highs in the market, particularly driven by positive earnings, other sectors experienced declines, contributing to mixed performance in major indices like the S&P 500 and Dow Jones Industrial Average.
 
Top