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Futures rise as focus shifts to inflation, jobs data

U.S. stock index futures edged higher on Monday ahead of key inflation and jobs data due later this week that will offer more clues on the Federal Reserve’s interest rate trajectory, while China’s measures to boost its markets provided further support. Stocks ended a volatile session higher on Friday after Fed Chair Jerome Powell at the Jackson Hole meet said the U.S. central bank may need to raise interest rates further, but also acknowledged the progress made on easing price pressures. Focus now shifts to a report on the personal consumption expenditures

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Wall St gains as investors eye key economic data for interest rate cues

Wall Street’s main indexes rose on Monday ahead of key inflation and jobs data this week that will offer more clues on the Federal Reserve’s interest rate path, while a pullback in Treasury yields cushioned some megacap growth stocks. Stocks ended a volatile session higher on Friday after Fed Chair Jerome Powell at the Jackson Hole meet said the U.S. central bank may need to raise interest rates further. Focus now shifts to a report on the personal consumption expenditures price index, the Fed’s preferred inflation gauge, which is set to be

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Wall Street gains as investors eye upcoming economic data

– Wall Street rose on Monday, with gains in 3M and Goldman Sachs ahead of key inflation and jobs data this week that will offer more clues on the Federal Reserve’s interest rate path. All three major stock indexes rose as investors digested last Friday’s comments from Fed Chair Jerome Powell that the U.S. central bank may need to raise interest rates further to ensure inflation is contained. Focus now shifts to a report on the personal consumption expenditures price index, the Fed’s preferred inflation gauge, to be released on Thursday, and

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Wall Street ends higher as investors await US inflation, jobs data

– Wall Street ended higher on Monday, with gains in 3M and Goldman Sachs ahead of key inflation and jobs data this week that will offer more clues on the Federal Reserve’s interest rate path. All three major stock indexes rose as investors digested last Friday’s comments from Fed Chair Jerome Powell that the U.S. central bank may need to raise interest rates further to ensure inflation is contained. Focus now shifts to a report on the personal consumption expenditures price index, the Fed’s preferred inflation gauge, to be released on Thursday,

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