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US Stock Futures Slip Ahead of August PCE Inflation Data

Original: 🟠 UPDATE US Stock Futures Edge Lower Ahead of August PCE Data Oil prices are hovering between $90 and $100 per barrel du

US stock futures are edging lower as investors await the August PCE inflation report, the Federal Reserve's preferred price gauge. Oil prices are holding between $90 and $100 a barrel, blamed on the US conflict with Iran and keeping inflation stubborn. Treasury yields have climbed to their highest levels in 24 years, adding pressure to equity markets.

Why now: Investors are awaiting the key PCE inflation reading while high oil prices and surging Treasury yields weigh on market sentiment.

US stock marketFederal ReserveTreasury yieldsIranoil market

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• 🟠 UPDATE US Stock Futures Edge Lower Ahead of August PCE Data Oil prices are hovering between $90 and $100 per barrel due to the ongoing US war with Iran, contributing to stubborn inflation. Consequently, Treasury yields have reached their highest levels in 24 years as… · GeoWire · 4

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