U.S. stock index futures fell for the fourth session on Thursday as investors awaited producer prices data, another inflation gauge, to see if a rise in prices would be strong enough to prompt a sooner-than-expected increase in interest rates. The Labor Department’s data is likely to show U.S. producer prices rose 0.3% last month after a gain of 1% in March.
US STOCKS-Futures slip for fourth day with focus on inflation data
2021-05-13T11:15:20-04:00May 13th, 2021|
Related Posts
-
Dow Closes Above 40,000 For First Time
May 17th, 2024 -
Stock market’s record-setting rebound may have further to go
May 17th, 2024