US Stocks- Futures fall after hot consumer prices data
时间:2024-06-28 23:26:12 阅读(143)
U.S. stock index futures fell sharply on Thursday after data showed a bigger-than-expected rise in consumer prices last month, giving more ammunition to the Federal Reserve to stick to its aggressive rate-hike cycle.
The Labor Department’s consumer prices index (CPI) report showed headline CPI gained at an annual pace of 8.2% in September, compared to an estimated 8.1%. The reading was lower than an 8.3% increase in August.
Also Read: US CPI data release to impact stock market
At 8:33 a.m. ET, Dow e-minis were down 297 points, or 1.02%, S&P 500 e-minis were down 54.5 points, or 1.52%, and Nasdaq 100 e-minis were down 265.5 points, or 2.45%.
Moments before the data, Dow e-minis were up 285 points, or 0.97%, S&P 500 e-minis were up 38 points, or 1.06%, and Nasdaq 100 e-minis were up 93.5 points, or 0.86%.
Markets had briefly taken support from a report that the British government was discussing making changes to its fiscal plan that spooked global financial markets when it was announced last month.
猜你喜欢
- Opportunities galore in mid, small caps, but tread with caution
- Need to be careful about tech-driven human resource management in HEIs
- Unease over Reliance Retail buyback offer
- Oyo rejigs management ahead of IPO
- Nifty bounce back may face hurdle at 16800; watch Reliance, Titan, Vedanta, other stocks for action
- Petrol and diesel price June 28- Fuel rates remain steady; Check prices in Delhi, Mumbai, other cities here
- Petrol and diesel price May 19- Fuel cost unchanged; Check prices in Delhi, Mumbai, other cities here
- Page Industries to pay 700% dividend, ex-date this week; analysts say buy, check target price
- US Stocks- Wall Street set for fresh bout of selling on growth angst