inflation, stock futures
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Inflation eased to 4-year low
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Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
At least one official at the Federal Reserve is still skeptical about the trajectory of inflation and the economy, despite developments this week that cheered investors.
Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed to a 90-day pause in their trade war to allow for negotiations.
As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer inflation, remarks from Federal Reserve chairman Jerome Powell and a reported blockbuster retail merger.
Although they long for more clarity about tariffs, investors are nervous about sitting on the sidelines as stocks climb.
1don MSN
U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month. The S&P 500 rose 0.1% Tuesday.
The Dow opened lower after the Consumer Price Index report showed annual inflation slowed to 2.3%, marking the lowest inflation rate since early 2021. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Specialty retailers that moved out of China, plus off-price retailers are better positioned in this environment.
Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.