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US futures are indicating a lower open as of 04:45 ET. APAC traded mixed overnight, with Europe markets opening largely lower in morning trading. A string of better-than-expected macro data, falling inflation, resilient consumer spending, and still-tight labor markets are underpinning a pickup in soft landing expectations. However a resurgence in commodity prices threatens to fuel upward pressure on headline inflation rates.
Companies Mentioned: CVS, Coinbase, UPS, BMW
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2828 ratings
US futures are indicating a lower open as of 04:45 ET. APAC traded mixed overnight, with Europe markets opening largely lower in morning trading. A string of better-than-expected macro data, falling inflation, resilient consumer spending, and still-tight labor markets are underpinning a pickup in soft landing expectations. However a resurgence in commodity prices threatens to fuel upward pressure on headline inflation rates.
Companies Mentioned: CVS, Coinbase, UPS, BMW
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