S&P Futures Rise as Market Awaits U.S. PPI Data and Home Depot Earnings Release

Tuesday, 13 August 2024, 04:11

S&P futures tick higher as traders await the U.S. PPI data and Home Depot earnings report. Key indicators from the U.K. also inform market expectations. Economic sentiments are shifting globally, impacting investment strategies and forecasts.
LivaRava_Finance_Default_1.png
S&P Futures Rise as Market Awaits U.S. PPI Data and Home Depot Earnings Release

S&P Futures Edge Up as Investors Eye Key Economic Indicators

S&P futures have seen a positive uptick, with market participants eagerly anticipating the release of U.S. Producer Price Index (PPI) data and Home Depot earnings. These upcoming announcements promise to shape trader sentiment significantly.

Global Economic Indicators Impacting Markets

  • U.K. Average Earnings ex Bonus data released
  • U.K. Claimant Count Change figures
  • U.K. Unemployment Rate statistics
  • Spain’s CPI numbers
  • Germany's and Eurozone’s ZEW Economic Sentiment Index

The mixed signals from international economic reports are crucial for traders, highlighting the interconnectedness of financial markets across various regions.

This week's earnings from major firms like Home Depot will also gauge consumer confidence and spending trends, with predictions suggestive of volatility.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe