Futures Steady as Traders Await Inflation Report and Nvidia Earnings
Stock futures have been little changed ahead of key inflation and earnings reports. Traders are waiting for the latest data on consumer prices, which could provide insight into the state of the economy.
The Consumer Price Index (CPI) report is due out today, with economists expecting a slight increase in inflation rates. This news will likely have an impact on market expectations and the direction of interest rates.
Nvidia, a major player in the tech sector, will also be releasing its earnings report later this week. The company's performance will be closely watched by investors as it continues to navigate supply chain disruptions and increased competition in the industry.