U.S. Stock Futures Steady Ahead of Key Consumer Inflation Report
U.S. stock futures traded near flat levels on Monday night as investors await the release of October's Consumer Price Index (CPI) report. This follows a strong regular trading session where the Dow, S&P 500, and Nasdaq all saw significant gains, rebounding from previous volatility linked to concerns over data center buildout slowdowns. Market participants are looking for signs of cooling inflation, with economists forecasting headline CPI growth of 0.3% and core CPI at 0.2%. A deceleration in these figures could provide further relief to markets. However, Nvidia (NVDA) shares fell 4% following reports regarding CEO Jensen Huang and an internal investigation into potential foreign intelligence targeting. Energy markets saw a decline on Monday, with WTI and Brent crude falling significantly, providing some tailwind for equities. Due to the 2025 government shutdown, annual comparison figures will be unavailable in this month's report as data collection was previously disrupted.
Topics: Geopolitical Risk Inflation Data Expectations Nvidia CEO Controversy Oil Prices Stock Market Rally
Part of the story US Dollar Holds Steady Ahead of Key Inflation Data (5 articles)