financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-US stock futures turn positive after May CPI data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-US stock futures turn positive after May CPI data
Jun 11, 2025 5:49 AM

June 11 (Reuters) - U.S. stock index futures turned

positive on Wednesday as a cooler-than-expected consumer

inflation report calmed worries around President Donald Trump's

tariffs worsening price pressures.

A Labor Department report showed the Consumer Price Index

(CPI) rose 0.1% on a monthly basis in May, versus the 0.2%

increase forecast by economists polled by Reuters. Annually, it

stood at 2.4%, compared with an estimated 2.5% rise.

The core figure, which excludes volatile food and energy

components, rose 0.1% on a monthly basis, while expectations

were for a 0.3% advance. Annually, it came in at 2.8%, versus an

estimated 2.9% increase.

At 08:31 a.m. ET, Dow E-minis were up 107 points, or

0.25%, S&P 500 E-minis were up 23 points, or 0.38%, and

Nasdaq 100 E-minis were up 105.5 points, or 0.48%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US stock indices edge lower, but Dow Jones ekes out gains
US stock indices edge lower, but Dow Jones ekes out gains
Apr 16, 2024
Most US stock indices lost ground on Tuesday with the exception of Dow Jones, amid a constant flux of corporate earnings results for the first quarter. Earlier US data showed industrial output rose 0.4% in March as expected, after falling 1.8% in the first quarter of the year. US 10-year treasury yields rose by 4.5 basis points to 4.674%, after...
S&P 500 Edges Lower; PacBio Shares Plunge
S&P 500 Edges Lower; PacBio Shares Plunge
Apr 16, 2024
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling around 0.3% on Tuesday. The Dow traded up 0.02% to 37,741.96 while the NASDAQ fell 0.20% to 15,853.39. The S&P 500 also fell, dropping, 0.28% to 5,047.76. Check This Out: Alphabet, Toll Brothers And 2 Other Stocks Insiders Are Selling   Leading and Lagging Sectors  ...
Sector Update: Financial
Sector Update: Financial
Apr 16, 2024
03:34 PM EDT, 04/16/2024 (MT Newswires) -- Financial stocks fell in late Tuesday afternoon trading with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund (XLF) off 0.3%. The Philadelphia Housing Index dropped 1.1%, and the Real Estate Select Sector SPDR Fund (XLRE) fell 1.1%. Bitcoin (BTC-USD) declined 0.4% to $63,032, and the yield for 10-year...
US STOCKS-Wall Street stocks mixed on higher Treasury yields, rate expectations
US STOCKS-Wall Street stocks mixed on higher Treasury yields, rate expectations
Apr 16, 2024
* UnitedHealth ( UNH ) gains on Q1 profit beat * Fed Chair Jerome Powell sees higher rates for longer * Indexes: Dow up 0.23%, S&P down 0.08%, Nasdaq up 0.01% (Updates to 1449 ET) By Chibuike Oguh April 16 (Reuters) - Wall Street stocks were mixed on Tuesday as Treasury yields climbed, with investors weighing the likely path of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved