Futures Rise and Inflation Fears Defuse
NewsWare‘s Trade Talk

Futures Rise and Inflation Fears Defuse

2021-05-26
Markets are positive today as more Central Bank officials have joined in predictions that inflationary pressures are transitory, easing new concerns raised by the latest US economic data. Following a drop in US benchmarks yesterday after home sale and consumer confidence data suggested rising prices are taking a toll, contracts on the S&P and Nasdaq could be signaling stocks will keep moving higher today. More clues as to the outlook for the US economy will show through tomorrow’s jobs data.
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