Stock Futures Flat Ahead of April Inflation Report Release
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowU.S. stock futures showed little change as traders prepared for the April inflation reading. The S&P 500 futures were down slightly while Nasdaq 100 futures fell by approximately 0.2%. Meanwhile, WTI crude oil futures rose over 1%, crossing $90 per barrel. Snowflake (SNOW) shares experienced a significant increase of 36% following a $6 billion deal with Amazon Web Services, coupled with a strong earnings report. Investors are anticipating the personal consumption expenditure price index, with expectations of a 0.5% monthly increase and a 3.8% annual rise.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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