A highly anticipated Fed meeting, war worries, and an unblinking stock market: What to watch this week
If last week was the setup (consumer and wholesale inflation data, surging oil prices), then this week is the main...
archivewholesale inflation data
Dow, S&P 500, Nasdaq futures fall with Powell, Walmart earnings and key data on deck
US stock futures slid back on Thursday as investors waited for fresh retail sales and wholesale inflation data to shed light on the health of the economy, with a Jerome Powell speech and earnings from Walmart (WMT) on deck. Futures on the S&P 500 (ES=F) dropped 0.5%, while Dow Jones Industrial Average futures (YM=F) dropped around 0.4%. Contracts on the Nasdaq 100 (NQ=F) tumbled 0.7%, coming off a sixth upbeat session for tech stocks in a row. Markets are on watch for the next catalyst now the US-China trade-truce euphoria...