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Zenger
Zenger
Business
Shanthi Rexaline

Nasdaq, S&P 500 Futures Edge Up Ahead Of Key Inflation Data; Analyst Says Week’s Main Street Events Could Awaken Market

Inflation Quincy Krosby Home Depot Inc US Federal Reserve
The mood on Wall Street relays cautious optimism as stock futures traded modestly higher ahead of the open on Tuesday. The October inflation data could largely determine the day’s trading direction, given the Federal Reserve’s fixation on prices notwithstanding their recent two pause decisions. CHEN JUNKING/GETTY IMAGES

The mood on Wall Street relays cautious optimism as stock futures traded modestly higher ahead of the open on Tuesday. The October inflation data could largely determine the day’s trading direction, given the Federal Reserve’s fixation on prices notwithstanding their recent two pause decisions. The headline number is expected to slow both year-over-year and month-over-month. An in-line to tamer number could reignite the rally that has lost steam.

The mood on Wall Street relays cautious optimism as stock futures traded modestly higher ahead of the open on Tuesday. The October inflation data could largely determine the day’s trading direction, given the Federal Reserve’s fixation on prices notwithstanding their recent two pause decisions. CHEN JUNKING/GETTY IMAGES 
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