Market Watch: Investors Await Fed's Inflation Gauge, S&P500 Holds Steady, U.S. Traders Unfazed by China Rally

TL;DR Summary
Stock futures were little changed as investors awaited new inflation data, particularly the personal consumption expenditures price index, which is closely followed by the Federal Reserve. Mixed earnings reports led to diverging directions in after-hours trading, with Intel and Roku seeing gains while T-Mobile slid. Wall Street is trying to gauge the Fed's future moves after the recent interest rate hike. The Dow ended a 13-day win streak, but all three major indexes are on track for marginal weekly gains. Investors will also be watching for data on employment costs, personal income, consumer spending, and consumer sentiment.
- Stock futures are little changed as investors look toward Fed's favorite inflation gauge: Live updates CNBC
- S&P500 Futures stay firmer around 4,600, yields edge lower as markets expect sooner end to rate hikes FXStreet
- U.S. Traders Fade China Rally The Wall Street Journal
- View Full Coverage on Google News
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