After ending the previous session narrowly mixed, stocks are likely to show a strong move to the upside in early trading on Tuesday. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.1 percent.
The futures surged following the release of the Labor Department's highly anticipated report on consumer price inflation in the month of October.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.