Stock market today: Dow, S&P 500, Nasdaq trade mixed ahead of key inflation report that may influence the Fed’s rate decision next month.
Dow Jones Industrial Average futures (YM=F) climbed 0.3%, and S&P 500 futures (ES=F) inched up as well. Contracts for the Nasdaq-100 (NQ=F) fell 0.3% after stocks rallied on Monday.
Investors are eyeing the upcoming Consumer Price Index release, anticipated to indicate easing inflation. Economists forecast inflation to rise 0.3% from a month earlier, and core inflation, which excludes food and energy prices, to tick down to 0.2%.
Nvidia (NVDA) investors <a s investigation into CEO Jensen Huang following reports of his affair with an alleged Chinese spy. The stock recovered modestly on Tuesday morning following a drop of more than 4% the previous day.
Oil prices are falling, with Brent crude (BZ=F), the international benchmark, and WTI crude (CL=F), the US benchmark, declining by over 2%.
Although much of the Q3 earnings season has passed, Nvidia‑backed neocloud CoreWeave (CRWV) and quantum‑computing firms Quantum (QBTS) and Rigetti Computing (RGTI) are set to release after‑hours results today.
