Stocks Eye Weekly Loss as August CPI Looms — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Dow, S&P 500, and Nasdaq were on track for a losing week, with a key consumer inflation report (August CPI) looming ahead as the central market event
- Stock futures edged higher in pre-market trading ahead of the August CPI release, while stocks and Treasuries found [relief], per the partial headline
Why it matters: The August CPI print is the single data point that will reset near-term Fed rate-cut expectations — a hotter-than-expected reading would deepen the week's equity losses and push Treasury yields higher, while a cooler print could fuel a relief rally.
Ask SkimNews
:max_bytes(150000):strip_icc()/GettyImages-2288353458-69368983779c4b129174deb1990a01a8.jpg)