Mmastodon BusinessMarkets first seen 5 h ago, last 4 h ago, peak #12
US Stock Futures Slip Ahead of August PCE Data
Original: 🟠 UPDATE US Stock Futures Edge Lower Ahead of August PCE Data Major U.S. stock indexes advanced after the Federal Reserv
US stock futures edged lower as investors awaited the Federal Reserve's preferred inflation gauge for August, the PCE price index. Major US stock indexes had advanced after the inflation reading came in lighter than expected, easing pressure on markets and reinforcing expectations about the Fed's rate path. Traders are watching closely to see what the data means for future policy moves.
Why now: Investors are reacting to softer-than-expected US inflation data and positioning ahead of the Federal Reserve's next policy decisions.
US stock marketFederal Reserve
Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 4 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/498239