Nasdaq, S&P, and Dow Slide Following Core CPI Surpassing Consensus
Wednesday, 11 September 2024, 05:36
Market Overview: Core CPI’s Impact
As investors dissect the implications of core CPI exceeding consensus projections, major indexes like the Nasdaq, S&P, and Dow have experienced notable declines. The financial landscape is adjusting as concerns over inflation take center stage.
Investor Reaction and Predictions
- S&P 500 futures (SPX) showed a decrease of -0.1%.
- Nasdaq 100 futures exhibited a similar trend, reflecting cautious investor sentiment.
- The upcoming U.S. presidential debate adds an additional layer of uncertainty.
Looking Ahead: Retail Inflation Report
As the crucial retail inflation report looms, market players are bracing for further developments. The dual pressures of political discussions and economic reports are steering market fluctuations.
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.