September S&P 500 futures (ESU23) are up +0.42%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.55% this morning as remarks from Treasury Secretary Janet Yellen bolstered hopes that the U.S. economy is headed toward a soft landing, while investors looked ahead to the latest U.S. inflation reading due later this week.
U.S. Treasury Secretary Janet Yellen said Sunday she’s increasingly confident that the U.S. will manage to contain inflation without significant harm to the job market. “Every measure of inflation is on the road down,” Yellen said.
