U.S. Stock Futures Lower – Investors Wait for CPI Report

<div><img width="1048" height="698" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2020/11/shutterstock_1533150095-scaled-e1604499546321.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="S&amp;P 500, stock" loading="lazy" /></div><h1><span data-preserver-spaces="true">U.S. Stock Futures Lower – Investors Wait for CPI Report</span></h1>
<p><span data-preserver-spaces="true">U.S. stock futures were generally lower than expected. According to the data, consumer price </span><a href="https://www.financebrokerage.com/turkish-inflation-at-the-highest-level/" target="_blank" rel="noopener"><span data-preserver-spaces="true">inflation</span></a><span data-preserver-spaces="true"> remained at a 40-year high in January. Revenue reports for Coca-Cola and Twitter were ahead. Shares of Walt Disney have risen according to the results of the entertainment giant. S&amp;P 500 Index futures ES00, -0.01% fell less than 4.573.25 percent. Dow Jones Industrial Average futures YM00, up 0.21% to 0.1% at 35.704. Nasdaq-100 futures NQ00, -0.10% fell to 14,996, totaling 0.3%.</span></p>
<p><span data-preserver-spaces="true">Dow industrials closed at 305.28 points, up to + 0.86% overall; It rose to 35,768 on Wednesday. The S&amp;P 500 SPX gained + 1.45% to a total of 4,587.18. Nasdaq Composite COMP, + 2.08% dominated by growth. This marks its best daily percentage increase since January 31st. On Thursday, some nervousness returned to the markets; U.S. consumer price inflation data came in. Bond yields rose again, with a 10-year Treasury bond.</span></p>
<p><a href="https://www.financebrokerage.com/goldman-economists-analyzing-wage-gains-with-high-inflation/" target="_blank" rel="noopener"><span data-preserver-spaces="true">Economists</span></a><span data-preserver-spaces="true"> forecast that consumer prices will rise by 7.2% year-on-year in January. In December, annual growth of 7% was the highest rate in 40 years. Some experts expect inflation to be even higher, at around 7.6%. U.S. bond market volatility will return; Given the long series of shocks that have boosted the Fed rate expectations for this year; The slightest “miss” descent can have more of an impact than a modest ascending surprise.</span></p>
<p><span data-preserver-spaces="true">Higher-than-expected inflation could put pressure on; Especially on stock-sensitive technology stocks. The Nasdaq Composite experienced the most significant percentage drop; For almost two years last month and the worst January due to more than a decade of inflation and tightening monetary policy by the Federal Reserve.</span></p>
<h2><span data-preserver-spaces="true">U.S. Stock Futures</span></h2>
<p><span data-preserver-spaces="true">According to the key rate, the U.S. monthly CPI should increase by 0.4%. At the same time, the weekly unemployment claims may end. Twitter rose + 5.14%; PepsiCo shares fell -0.05%; Philip Morris International + 0.24% added.</span></p>
<p><span data-preserver-spaces="true">Shares of Disney + 3.33% rose 7% after the entertainment giant announced record revenue; Specifically more than $1 billion in profits. The company added more streaming subscribers than expected over the holidays, and park profits increased. Twillio rose 19% after the cloud communications software group released a strong prospect of profit and sales; Which exceeded Wall Street estimates. Shares of UBER increased 4%.</span></p>
<p><span data-preserver-spaces="true">The ICE US dollar index was 0.05%, measuring the currency against a basket of six major competitors, modestly high. West Texas Intermediate was up 0.8% at a total of $90.39 a barrel. Gold futures fell to $1,834.10. Bitcoin grew 0.5% and traded close to $44,743. Stoxx 600 Europe increased by 0.1%. Shanghai Composite rose 0.1%. Hang Seng Index added 0.3%; The Nikkei 225 grew 0.4%.</span></p>
<p>The post <a rel="nofollow" href="https://www.financebrokerage.com/u-s-stock-futures-lower-investors-wait-for-cpi-report/">U.S. Stock Futures Lower – Investors Wait for CPI Report</a> appeared first on <a rel="nofollow" href="https://www.financebrokerage.com">FinanceBrokerage</a>.</p>