U.S. Stock Futures Lower After CPI Inflation Report Indicates 0.2% Consumer Price Rise in August
Wednesday, 11 September 2024, 05:40
Decline in U.S. Stock Futures Following CPI Report
U.S. stock-index futures were sliding on Wednesday morning after the CPI report for August indicated that consumer prices rose 0.2% last month. However, core prices saw a more significant increase of 0.3%, excluding food and energy.
Market Reactions
- The Dow Jones Industrial Average futures fell 250 points (0.6%), now at 40,536, based on FactSet data.
- S&P 500 futures are down 0.4%, currently at 5,481.
- The Nasdaq 100 futures decreased by 0.4%, trading around 18,792.
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.