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Benzinga
Benzinga
Business
Shanthi Rexaline

US Stocks Show Cautious Optimism As S&P 500, Dow Futures Surge Ahead Of Key CPI Data — Trump's SPAC Partner, Applied Materials And Chip Stocks In Focus Today

The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign.

Stocks opened Wednesday’s session higher but trading was characterized by a lack of direction amid the release of the September producer price inflation report and the FOMC minutes. The major averages closed the session marginally to modestly lower.

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