US stock futures were little changed on Tuesday, following gains in the prior session, as investors prepared for a week filled with economic data, particularly two significant inflation reports. Market participants are closely watching this data for potential clues about the Federal Reserve’s future interest rate decisions.
- The Dow Jones added 0.25% on Monday.
- Investors are awaiting the August producer price index on Wednesday and the consumer price index on Thursday.
For the Dow Jones, the upcoming inflation reports are crucial. The market’s stability ahead of these reports suggests a cautious sentiment. How the Dow performs is highly dependent on whether the reports support expectations of Federal Reserve rate cuts, particularly the possibility of a more aggressive cut.