6 Hrs
Source:
معلومات مباشر
US stock futures climb amid oil drop
U.S. stock futures rose as oil prices declined and investors waited for August Consumer Price Index (CPI) data, which is expected to show a 0.4% monthly increase and a 3.4% rise year-on-year, potentially influencing the Federal Reserve's decision on interest rate hikes in September. Shares of companies like Oracle also gained after surpassing earnings expectations, while oil prices fell between 3.3% and 3.6%. This drop reduced the week's oil gains to around 8%, amid inflation concerns stemming from rising energy costs. The market is now focused on the upcoming CPI figures, which will play a crucial role in determining the direction of U.S. interest rates.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)