Stock Futures Falling as Markets Brace for PCE Inflation Report

Stock Futures Falling arsenic Markets Brace for PCE Inflation Report

Stock futures were falling connected Wednesday arsenic Wall Street waited for the Federal Reserve’s preferred ostentation gauge, the last large economical information owed earlier the Thanksgiving holiday.

Futures tracking the Dow Jones Industrial Average fell 26 points, oregon 0.1%, and contracts tied to the S&P 500 were down 0.2%. Futures for the tech-heavy Nasdaq 100 scale dropped 0.3%.

Both the S&P 500 and Dow had closed astatine grounds levels connected Tuesday, arsenic investors shrugged disconnected President-elect Donald Trump’s tariff threats. The market’s absorption volition present crook to the October idiosyncratic depletion expenditures terms index, which the Bureau of Economic Analysis is acceptable to people astatine 10 a.m. Eastern Time Wednesday.