S&P 500 futures edge higher ahead of CPI data, more bank earnings

By EC Assets · Published

S&P 500 futures edged higher as market participants awaited the release of CPI data and further bank earnings reports. Dow Jones Industrial Average futures and Nasdaq 100 futures also showed gains. U.S. stock futures were previously muted following chip sector losses. Wall Street opened mixed on Monday. The S&P 500 edged up 0.1% at the open. Oil prices climbed 2% after Russia struck Ukrainian energy targets. The S&P 500 quietly started the fourth year of its bull market. Volatility could increase as earnings season progresses and inflation data becomes available. Earnings season is largely concluding, with 86% of S&P 500 companies reporting beats on estimates. AI leaders remain a focus. Investors are anticipating crunch CPI inflation data. More banks are also scheduled to report their earnings. This article is intended for informational purposes only. It does not constitute investment advice.

Stay informed

Market commentary, firm news and research from EC Assets - direct to your inbox.