Dow futures surge over 400 points after CPI data shows cooling inflation in July

Summary by Ground News

U.S. consumer-price index (CPI) report due at 8.30 a.m. Eastern. Economists forecast year-over-year CPI growth will dip from 9.1% in June to 8.7% last month. But many traders fear that if the data shows 5.9% inflation remains stubbornly high, then the more optimistic tone in stocks seen over much of the past two months will be challenged.

2 months ago·Washington, United States

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Times of India

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Reuters

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CNBC

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The Daily Star

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