Straits Times Index
3,332.80 -10.55 (-0.32%) Nikkei
39,583.08 +241.54 (+0.61%) Hang Seng
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COMP Dec 2024 3.000 call
- Barrons.com
Stock Futures Rise Into End of Blistering First Half as PCE Inflation Data Loom
U.S. stock futures were mostly higher on Friday as the market neared the end of the first half of the year. Before celebrations of a blistering six months, key inflation data lie in the day ahead that could shift the needle on interest-rate expectations. S&P 500 futures advanced 0.3% with contracts tracking the tech-heavy Nasdaq Composite up 0.4%.
- Associated Press Finance
Stock market today: Global shares mostly advance ahead of U.S. inflation report
Global shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest rates. In Asia, Japan's benchmark Nikkei 225 rose 0.6% to finish at 39,583.08. In Japan, the government reported industrial production was stronger than forecast in May at 2.8% and the unemployment rate was unchanged from the previous month at 2.6%.
- Investing.com
PCE ahead, Nike slips, Biden falters in debate with Trump - what's moving markets
Investing.com -- U.S. stock futures ticked up on Friday, with investors awaiting the unveiling of an inflation reading closely monitored by the Federal Reserve. The personal consumption expenditures price index is expected to show that price growth cooled in May, potentially bolstering the case for the Fed to slash interest rates in 2024. Elsewhere, Nike (NYSE:NKE) shares tumble after the sportswear group warns that sales will decline in the current quarter, while U.S. President Joe Biden falter
