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Barchart
Barchart
Oleksandr Pylypenko

Stock Index Futures Soar After CPI Report Shows Inflation is Slowing

Inflation United States United Kingdom US Federal Reserve Apple Jerome Powell Bank of Japan Morgan Stanley OpenAI

June S&P 500 E-Mini futures (ESM24) are up +0.89%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.92% after this morning's CPI report was released.

The Consumer Price Index (CPI), a key inflation measure, stayed flat in May compared to April. This suggests inflation is moderating slightly, with annual inflation at 3.3% instead of the expected 3.4%.

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