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Traders Await Inflation Data, Stifling US Equity Futures Pre-Bell
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Traders Await Inflation Data, Stifling US Equity Futures Pre-Bell
Aug 13, 2024 5:23 AM

08:01 AM EDT, 08/13/2024 (MT Newswires) -- US equity futures were little changed Tuesday as traders looked ahead to wholesale inflation data.

The Dow Jones Industrial Average futures fell 0.1%, S&P 500 futures gained 0.2%, and Nasdaq futures were up 0.4%.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% at $81.69 per barrel and US West Texas Intermediate crude down 0.6% at $79.53 per barrel.

Producer prices, scheduled for release at 8:30 am ET, are expected to have risen 0.2% in July to match June's increase, according to estimates compiled by Bloomberg.

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