June S&P 500 futures (ESM23) are up +0.28%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.21% this morning after three major U.S. benchmark indices finished the regular session mixed as market participants looked ahead to crucial U.S. inflation data that could shed light on Federal Reserve’s next interest-rate move.
In Tuesday’s trading session, the blue-chip Dow notched a 7-week high, helped in part by gains in industrial stocks, with the sector’s bellwether, Caterpillar Inc (CAT), climbing more than +2%. At the same time, the benchmark S&P 500 closed just below the unchanged mark, snapping a two-day winning streak. In addition, the tech-heavy Nasdaq 100 closed lower for the fifth time in the last six sessions as a rise in U.S. Treasury yields weighed on tech and tech-adjacent megacap stocks.
