{"id":1996377,"date":"2023-08-10T08:47:02","date_gmt":"2023-08-10T12:47:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-rise-in-run-up-to-key-inflation-data\/"},"modified":"2023-08-10T08:48:30","modified_gmt":"2023-08-10T12:48:30","slug":"futures-rise-in-run-up-to-key-inflation-data","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-rise-in-run-up-to-key-inflation-data\/","title":{"rendered":"Futures climb ahead of crucial inflation data."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffutures-rise-in-run-up-to-key-inflation-data%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1996377&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>(Reuters) \u2013 \u2062U.S. \u200dstock index futures rise ahead of\u200b key inflation data<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-rise-in-run-up-to-key-inflation-data\/\" title=\"Futures climb ahead of crucial inflation data.\">eagerly anticipated consumer \u200cprice index<\/a> (CPI) for\u2062 July is set to be released \u2062at 8:30 a.m ET. Analysts expect a 0.2% increase, following\u200c a similar rise in the previous month. Over the past 12 months, the \u200cCPI is estimated\u2062 to have climbed 3.3%, up from 3.0% \u200din the previous month.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>According to Ipek Ozkardeskaya, senior analyst \u2064at Swissquote Bank, &#8220;Any bad surprise\u200d on the inflation front could revive the Federal Reserve hawks, but we are far from pricing\u2063 another hike in September \u200bjust yet.&#8221;<\/p>\n<p>Traders are optimistic that\u2063 the Federal Reserve has completed its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-kennedy-says-silicon-valley-bank-crisis-could-have-been-avoided\/\" title=\"Sen. Kennedy Says Silicon Valley Bank Crisis Could Have Been Avoided\">aggressive interest rate hike campaign<\/a>. The CME\u2062 FedWatch Tool shows an 86.5% probability of no rate hike by the central bank in its September policy meeting.<\/p>\n<p>Later in the day, we\u200d can expect the release of initial jobless claims data, as well as remarks from Atlanta Fed\u200b President\u2064 Raphael Bostic and Philadelphia President Patrick Harker.<\/p>\n<p>Yesterday, the tech-heavy Nasdaq experienced \u2064a\u200b decline, with Nvidia falling \u200d4.7%. Other megacap stocks, known as the &#8220;Magnificent \u200dSeven,&#8221; also followed suit, dampening this year&#8217;s stock rally.<\/p>\n<p>Despite this,\u200d the Nasdaq has seen a 31% increase this year, \u2064driven by hopes of a \u200bsoft landing for the \u200cU.S. economy \u2062and optimism surrounding artificial intelligence.<\/p>\n<p>Rate-sensitive megacap \u200dstocks \u200dsuch as Amazon.com, Microsoft,\u2064 and Apple are showing early gains in trading.<\/p>\n<p>As of 05:27 a.m. ET, Dow e-minis are up 174 points, \u200cS&#038;P 500 e-minis are up\u2062 24.25 points, \u200dand Nasdaq\u2063 100 e-minis are up 94.75 points.<\/p>\n<p>In terms of \u2063earnings, Walt Disney is performing well in premarket trading after beating Wall Street\u2064 estimates for adjusted earnings per share.<\/p>\n<p>Capri\u200c Holdings shares have surged 30.1%\u2063 following reports\u200c of a \u200bpotential deal\u200b with New York-based Tapestry, the owner of \u2064Coach.<\/p>\n<p>In other news, President Joe Biden has signed an executive \u200dorder that restricts new U.S. investment in China&#8217;s sensitive technologies and requires government notification in other tech sectors.<\/p>\n<\/p>\n<p>  (Reporting by Bansari Mayur Kamdar in Bengaluru; Editing\u2064 by Vinay Dwivedi)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/futures-rise-in-run-up\/attachment\/traders-work-on-the-floor-of-the-nyse-in-new-7\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with\u200c Joe Allen<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dr. Jeff Barke<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with \u2063Landon Starbuck<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Jack \u2062Smith slides into Trump\u2019s DMs while James Comer shows\u2064 foreign sources for Biden \u200bfamily income.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>BENGALURU (Reuters) \u2013 South Korea\u2019s Hyundai \u2064Motor\u200c Group said on\u2064 Tuesday it plans \u2063to launch more electric vehicles \u200cunder the Hyundai and\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>BERLIN \u200c(Reuters) \u2013\u200d German technology group Robert Bosch \u2062said on Tuesday that it will establish a joint venture with TSMC, Infineon and\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>TAIPEI (Reuters) \u2013 Taiwan\u2062 Semiconductor Manufacturing Co (TSMC) said on Tuesday that its board\u2064 had approved a 3.5 billion euro ($3.8 billion)\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Gwladys\u200b Fouche \u200dOSLO (Reuters) \u2013 Meta Platforms is\u200b asking a court in Norway to stop a fine\u200c the Nordic country\u2019s data\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stock futures climbed before crucial inflation data, which may impact the Federal Reserve&#8217;s monetary policy. The consumer price index (CPI) for July, expected to rise 0.2% like the previous month, will be released at 8:30 a.m ET.<\/p>\n","protected":false},"author":66,"featured_media":1996378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1996377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1996377"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1996378"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1996377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1996377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1996377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}