Stock-market futures drop, oil surges back above $100
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The S&P 500 fell on Monday, weighed down by further gains in oil prices and a steep decline in tech, as traders looked past comments from Federal Reserve Chair Jerome Powell on inflation. The broad-based index dipped 0.
President Trump posted that he would suspend attacks on Iran for two weeks
US stocks drifted lower on Tuesday after President Donald Trump amped up his bombing threat ahead of his fast-approaching dea
Futures linked to the S&P 500 have moved higher ahead of the release of February's personal-consumption expenditures data. S&P 500 futures climbed 0.2% to 6690, while Dow Jones futures advanced 0.2% to 46819 and Nasdaq futures rose 0.2% to 64606.
At their lows of the day, the Dow and Nasdaq traded in correction territory, but ultimately closed shy of the 10% threshold.
US stock index futures were flat as investors awaited March CPI data and assessed fragile US-Iran ceasefire tensions. Inflation expected at 3.3% could complicate Fed rate cut bets, even as Wall Street heads for strong weekly gains led by the S&P 500 and Dow.
U.S. stock futures were trading near their session highs on Friday after the latest batch of economic data showed inflation pressures remained modest last month, while the latest reading on fourth-quarter GDP was revised lower. Q4 GDP growth was revised ...