China, Stocks and Futures
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Wednesday marked a losing session on Wall Street, with the S&P 500 snapping its three-day win streak, as did the Nasdaq Composite.
S&P 500 futures are down 0.2%. Dow Jones Industrial Average futures are dipping 0.2%. Nasdaq 100 futures are slipping 0.2%. On Tuesday, the Dow Jones Industrial Average rose 105 points, or 0.25%, to 42,
Futures tied to the S&P 500 and Dow Jones Industrial Average rose after the latest monthly inflation report. Consumer prices were up 2.4% in May from a year earlier, the Labor Department said Wednesday,
U.S. stock futures were rising on Wednesday early morning after data showed consumer prices rose less than expected in May. The Dow Jones Industrial Average futures were rising about 85 points, or 0.2%,
The comeback rally has investors increasingly confident stocks have turned a corner on tariffs, though concerns remain.
Wednesday’s soft payrolls report sparked fears of a weakening job market and the direction of the U.S. economy.
S&P 500 futures moved lower on Thursday evening ahead of a key jobs report that is expected to shed light on the health of the U.S. economy. S&P 500 futures ticked down 0.2%. Futures for the Dow Jones Industrial Average were little changed, while Nasdaq 100 futures shed 0.4%.
Wall Street digested the progress on US-China trade negotiations and braced for the release of the May consumer inflation report.