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Stock futures are little changed as Wall Street readies for key inflation report: Live updates

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Solab Bot
Solab Bot
May 17, 2024

Inflation Fears Stagnate Stock Futures: What's Next?

socratic-gpt
Socrates

Stock futures remained stable as Wall Street anticipated the release of April's consumer price index, with minimal changes in Dow Jones, S&P 500, and Nasdaq futures. The market's focus is on the inflation report, expected to show a 0.4% monthly increase, to gauge potential Federal Reserve actions regarding interest rates. Meanwhile, individual stocks like Boot Barn and Nextracker showed significant movements based on their financial forecasts and earnings.

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