Weaker-than-Expected Inflation Data Suggests Stronger Wall Street Open
U.S. stock index futures rose on Tuesday following weaker-than-expected inflation data, which eased concerns about persistent price pressures and reduced fears of further Federal Reserve tightening. The Consumer Price Index (CPI) fell more than anticipated in June, with both headline and core annual rates below forecasts.
Tickers: $IBM
Topics: CPI Federal Reserve inflation rate cuts Wall Street