Markets hover near highs as CPI data and earnings loom
TL;DR Summary
U.S. stocks finished the day higher with the S&P 500 and Nasdaq at intraday and closing highs and the Dow up ~0.2%, while futures sat near flat ahead of April’s CPI release. Oil rose after Trump called the Iran ceasefire weak, and traders looked ahead to earnings from Under Armour, Vodafone, On Holding, Aramark, eToro and Tencent Music. Six of 11 GICS sectors gained led by energy, with communication services the day’s laggard. In after-hours trading, Hims & Hers, GitLab and Cleanspark moved on earnings guidance and restructuring news, as markets prepare for CPI figures, wages data, and treasury budget figures.
- Stock futures are little changed as traders await inflation reading, monitor Iran war developments: Live updates CNBC
- Stock market today: Dow, S&P 500, Nasdaq futures edge up as Wall Street braces for CPI report Yahoo Finance
- Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate Reuters
- Stock Market Edges Past Iran Uncertainty To Score Record Highs; Trump-Xi Meeting Ahead Investor's Business Daily
- Five things to watch in markets in the week ahead Investing.com
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