Stock market today: Dow, S&P 500, Nasdaq head for losing week with key inflation report on deck

Live updates

1. 4d ago

   US Futures Rise and Asian Markets Drop Ahead of Inflation Report

   Wall Street stock futures recovered and edged higher as oil prices slid, though the Dow, S&P 500, and Nasdaq are still heading for a losing week. Markets await a critical consumer inflation report, specifically the August CPI inflation report, which looms ahead for investors. Meanwhile, Asian stocks and bonds are projected to drop due to lingering oil and inflation worries.

   Why it matters

   The upcoming consumer inflation data serves as a major test for global financial markets, which remain sensitive to commodity price fluctuations and economic pressures. Analysts and traders monitor these reports closely to gauge potential monetary policy adjustments. Oil price movements continue to directly influence equity futures and investor sentiment across both US and Asian exchanges.

   What is confirmed

   • Wall Street futures recovered as oil slid ahead of the inflation test.
   • Stock futures edged higher as a key consumer inflation report looms ahead.
   • The Dow, S&P 500, and Nasdaq are heading for a losing week.

   Still unconfirmed

   • Asian stocks and bonds are set to drop on oil and inflation woes.

   What to watch next

   • Release of the August CPI consumer inflation report
   • Market reaction to oil price trends and subsequent equity performance
   Sources used for this update (5)

   1. Bloomberg.com — Asian Stocks, Bonds to Drop on Oil, Inflation Woes: Markets Wrap
   2. CNBC — Stock futures edge higher as key consumer inflation report looms ahead: Live updates
   3. Yahoo Finance — Stock market today: Dow, S&P 500, Nasdaq head for losing week with key inflation report on deck
   4. Reuters — Wall St futures recover as oil slides ahead of inflation test
   5. Yahoo Finance — Stock futures rise ahead of August CPI inflation report
   confidence 100%