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Stock Futures Rise as Investors Await CPI Data

US futures rise ahead of December's CPI data, experts predict slight increase in inflation, SEC approves Bitcoin ETFs, oil prices trend higher amid Middle East tensions, Asia-Pacific markets follow US positivity, Japan's indices reach new highs.

by Terry Bingman
Thu, Jan 11, 2024 1:34pm
in Futures Analysis
• 3 mins read
14.8k
Stock Futures Rise as Investors Await CPI Data | FinOracle

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U.S. Futures Rise Ahead of December’s CPI Data

U.S. futures are pointing higher on Thursday morning as investors prepare for the release of December’s Consumer Price Index (CPI) data later in the day. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average are all in positive territory, indicating a positive start for the U.S. stock market. Traders will be closely watching the CPI data to gauge the level of inflation in the economy and its potential impact on the Federal Reserve’s interest rate decisions.

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