us stock futures waver ahead of inflation data week Wall Street Preview

US stock futures are wavering ahead of inflation data, which is expected to be a major focus for Wall Street this week.

The Consumer Price Index (CPI) is due to be released on Thursday, and investors will be closely watching for any signs of inflationary pressure.

The market has been expecting a slight increase in inflation, and any deviation from this expectation could have a significant impact on stock prices.

The Federal Reserve has been closely monitoring inflation rates, and any signs of sustained inflation could lead to interest rate hikes.

Investors are bracing themselves for a potential market reaction to the inflation data, and some are even considering hedging their bets with options or other risk management strategies.

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North American stock futures were mixed ahead of inflation data releases.

Futures for the Dow Jones Industrial Average inched up 8 points to 15820.

Stock futures were flat at the start of Wall Street trading, with investors sticking to the sidelines.

Futures for the S&P 500 index fell 0.7 point to 1779.60.

The Nasdaq-100 index futures fell 0.75 point to 3469.25.

Economists are forecasting a rise of 0.1% in consumer prices for November, and the same increase for the core rate.

The 12 months ended October saw consumer prices rise 1%, and 1.7% on a core basis.

Both rates are well below the Fed's target of 2% to 2.5%.

The Fed's two-day meeting started on Tuesday, with a Wall Street Journal poll of economists finding about one-quarter expect a taper on Wednesday.

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Stock futures are flat ahead of key inflation data and a Federal Reserve meeting, with investors likely to stick to the sidelines.

The Dow Jones Industrial Average futures inched up 8 points to 15820, while S&P 500 futures fell 0.7 point to 1779.60.

Futures for the Nasdaq-100 index fell 0.75 point to 3469.25.

Consumer prices for November are expected to rise by 0.1%, with the core rate also forecasted to increase by 0.1%.

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In the 12 months ended October, consumer prices rose 1%, and 1.7% on a core basis.

The Federal Reserve's target for inflation is 2% to 2.5%.

A Wall Street Journal poll of economists found about one-quarter expect a taper on Wednesday, while a Bloomberg poll found 34% of economists surveyed earlier this month expect a tapering will start with the conclusion of that meeting.

Analysts at Monex Capital said traders are eager to get the Fed meeting out of the way so that they can focus on preparing for the year end.

Stock futures were flat at the start of trading Tuesday, with investors holding back ahead of data on consumer prices and the Federal Reserve's last meeting of the year.

Futures for the Dow Jones Industrial Average inched up 8 points to 15820, while those for the S&P 500 index fell 0.7 point to 1779.60. Futures for the Nasdaq-100 index fell 0.75 point to 3469.25.

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Economists are forecasting a 0.1% rise in consumer prices for November, with the same increase expected for the core rate, which strips out food and energy.

The current-account data for the third quarter will also be released, and an index of sentiment among home builders is expected to rise to 56 in December from 54 in November.

A Wall Street Journal poll of economists found about one-quarter expect a taper on Wednesday, while a Bloomberg poll found 34% of economists surveyed earlier this month expect a tapering will start with the conclusion of that meeting.

Traders are eager to get the Fed meeting out of the way so that they can focus on preparing for the year end, but analysts at Monex Capital warn that the concept of a Santa rally may pass them by this year.

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