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The decline in US stock index futures narrowed slightly. Investors are evaluating the latest inflation data after the Federal Reserve announced the day before to keep interest rates unchanged. According to the latest report, the PCE index rose 0.5% month-on-month in September, in line with economists' expectations; it rose 3.6% year-on-year, also in line with expectations. The core PCE price index rose 0.3% month-on-month and 3.1% yoy. Up to now, Dow futures are down about 0.4%; S&P 500 futures are down 0.5%; and NASDAQ futures are down 1.3%.
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The decline in US stock index futures narrowed slightly. Investors are evaluating the latest inflation data after the Federal Reserve announced the day before to keep interest rates unchanged. According to the latest report, the PCE index rose 0.5% month-on-month in September, in line with economists' expectations; it rose 3.6% year-on-year, also in line with expectations. The core PCE price index rose 0.3% month-on-month and 3.1% yoy. Up to now, Dow futures are down about 0.4%; S&P 500 futures are down 0.5%; and NASDAQ futures are down 1.3%.
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