Earnings Beat and Cooler Inflation Fuel US Futures Rally
TL;DR Summary
US stock futures climbed as strong earnings and softer inflation data buoy sentiment, keeping markets on track for a third straight weekly gain even though Friday’s session left the S&P 500 and Nasdaq slightly lower; Brent crude around $89 supported energy names as traders price in roughly a 30% chance of a September Fed rate hike.
- US Stock Futures Up as Strong Earnings, Benign Data Drive Gains Bloomberg.com
- Stock market today: S&P 500 slips from record high but caps third straight week of gains Yahoo Finance
- U.S. Stocks Down After Retail Sales Data WSJ
- Wall Street slips from its record following the latest weak update on the US economy AP News
- S&P 500 ends lower as investors weigh data, Middle East tensions reuters.com
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