Earnings, Inflation, and Stock Market Await Key Data

1 min read
Source: Yahoo Finance
TL;DR

Stock futures were little changed as investors awaited inflation reports that could impact the Federal Reserve's decision on interest-rate hikes. The NFIB survey showed increased optimism in US business confidence, but concerns about price pressures persist due to a tight labor market. Fed officials have indicated the need for more rate hikes. Additionally, investors are monitoring China's efforts to support its economy and Amazon's Prime Day promotion for insights into retail and consumer behavior.

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