Stock futures little changed ahead of key inflation data: Live updates

U.S. stock futures fell late Sunday as investors prepared for key inflation data, almost completely reversing last week’s market rout.

Futures are linked to the Dow Jones Index. The Jones Industrial Average fell 48 points, or 0.1%. S&P 500 Futures It decreased by 0.08%. Nasdaq 100 Futures fell 0.05%.

On Friday, all major averages rose to end the week but stopped short of a full recovery. Dow It ended the week down 0.6%, while Standard & Poor’s 500 The stock finished down just 0.04% and was heavy in technology. Nasdaq Composite It ended trading with a loss of 0.18%.

“Sentiments are high and market volatility tends to cluster together, so I wouldn’t be shocked if we get another week of turmoil,” Kali Cox, chief market strategist at Ritholtz Wealth Management, told CNBC. “People are starting to prepare for a recession even though the crisis hasn’t materialized. Fear often works to our advantage as stock market investors. More relief rallies look possible if economic data holds up, and interest rate-sensitive sectors could continue to drive the market higher.”

Investors will be hoping this week for a better sense of the state of the economy after recent concerns about a slowing labor market rattled traders and rattled the market. On Tuesday, they will be watching the July producer price index report, followed by the consumer price index on Wednesday, for further confirmation that price growth has continued to stabilize. Retail sales for July are also due on Thursday.

Another round of goodness [inflation] “The data could help ease concerns that the Fed may be losing the plot,” Cox said.

“Retail sales and retail earnings may show that concerns about a slowing labor market are overblown,” she added. “We haven’t seen much in the way of worrying details about the U.S. consumer yet, so it’s important to look at the overall spending data rather than panicking over a lackluster jobs report.”

Home Depot will report earnings before the bell on Tuesday, and Walmart will report earnings on Thursday.