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Wall Street Seen Opening Slightly Higher; Inflation Data In Focus

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Futures suggest a slightly positive start for U.S. stocks Tuesday morning, but it will be the data on consumer price inflation that will determine the mood. With the Federal Reserve's monetary policy decision due on Wednesday, the mood in the market is likely to remain somewhat cautious.

Data on consumer price inflation for the month of November is due at 8:30 AM ET.

Consumer price growth slowed to 3.2 in October from 3.7 percent in September. Economists had expected the pace of growth to decelerate to 3.3 percent.

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