US Stock Futures Point to Lower Open as Investors Await CPI Inflation Data
Market participants remain cautious ahead of the upcoming Consumer Price Index release, a key metric for gauging inflation and potential Federal Reserve policy shifts.
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Terms & Concepts
Consumer Price Index (CPI): A key economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of goods and services, used to track inflation.
Stock Futures: Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.