Dow Futures Fall Ahead of CPI Inflation Report; Trump Media, Tesla, Nvidia, Super Micro, Spirit Airlines, More Movers

On By Littum

Stock futures ticked higher and bond yields fell after the latest inflation gauge matched expectations.

The consumer price index for October rose 2.6% annually, or 0.2% on a monthly basis, which was in line with the consensus among economists polled by FactSet.

Dow futures rose 0.1 percent. S&P 500 futures rose 0.2 percent. Nasdaq futures rose 0.2 percent. All three traded down about 0.2% before the report.

The yield on the 2-year government bond fell to 4.2899%, while the 10-year yield was down to 4.3922%. Bond yields have risen in recent weeks as Wall Street downgrades expectations for future rate cuts.