Futures Flat Ahead Of Fed's Favorite Inflation Indicator
US equity futures are flat as the market struggled for traction ahead of today's core PCE report and as investors ponder the Fed's next policy move following a raft of much stronger than expected US data. As of 8:00am, S&P futures are unchanged while Nasdaq futures drop 0.1% leaving stocks poised to extend their recent run of losses once the cash market reopens; in premarket trading Mag 7 names are mixed with NVDA (-0.8%) being the largest underperformer. Bond yields are also flat as is the USD which set fo ...