U.S. Futures Edge Higher
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Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.
S&P 500 futures are down 0.1%. Dow Jones Industrial Average futures are dipping 0.1%. Nasdaq 100 futures are slipping 0.1%. On Monday, the Dow Jones Industrial Average fell 34 points, or 0.08%, to 44,
Stock futures were little changed on Tuesday at the start of a busy stretch of retail sector earnings, as the market remains in a holding pattern ahead of a key speech from Federal Reserve Chair Jerome Powell later this week.
U.S. stock index futures wavered on Monday, pausing after a recent rally as investors shifted their focus to earnings from big box retailers and an annual central bank conference at Jackson Hole, all of which are lined up later this week.
With U.S. stock markets set to open in two hours, Palo Alto Networks Inc. (PANW) was up 6.5% in pre-market trading, and Flex Ltd. (FLEX) was up 5.3%.
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
A leading representative of the China Futures Association (CFA) on Tuesday reportedly proposed that more specific futures products should be continuously added to the opening-up list to facilitate the participation of overseas investors.
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U.S. natural gas futures fell, with weather forecasts pointing to a mild tail end of summer.