S&P 500 futures rose in choppy trading on Thursday after a key inflation reading came in line with expectations, adding to hopes that the Federal Reserve will take a less aggressive approach at its next policy meeting.
The highly awaited Labor Department's report showed consumer prices rose 6.5% year-on-year in December, in line with a forecast by economists polled by Reuters.
Money market participants expect an 85% chance of a 25-basis point rate hike by the Fed in February and see rates peaking at 4.91% in June. . At 8:37 a.m. ET, Dow e-minis were up 66 points, or 0.19%, S&P 500 e-minis were up 5.25 points, or 0.13%, and Nasdaq 100 e-minis were down 12 points, or 0.1%. Moments before the data, Dow e-minis were up 126 points, or 0.37%, S&P 500 e-minis were up 16.25 points, or 0.41%, and Nasdaq 100 e-minis were up 39.75 points, or 0.35%.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jim Cramer explains why the December CPI number is a ‘big deal’'Unless inflation's coming down in all the right places, this earnings season could be very rough,' he said.
Leer más »
Forex Today: US Dollar looks vulnerable as focus shifts to December CPI dataForex Today: US Dollar looks vulnerable as focus shifts to December CPI data – by eren_fxstreet Currencies Majors Macroeconomics Commodities Inflation
Leer más »
US December CPI to determine whether risk rally continues – INGToday sees the release of the December US Consumer Price Index (CPI). The last two soft releases were the foundation for the fourth quarter rally in r
Leer más »
Breaking: US annual CPI inflation drops to 6.5% % in December as expectedThe US Bureau of Labor Statistics reported on Thursday that inflation in the US, as measured by the Consumer Price Index (CPI), declined to 6.5% on a
Leer más »
US CPI soared 6.5% in December, matching the estimateInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
CPI report shows fall in gas prices helps inflation slow again in DecemberInflation slowed again December as sharply falling gasoline prices and more moderate food cost increases offset sharp rent hikes, CPI report shows
Leer más »