Stock Market Today: Dow Jones, Nasdaq, S&P 500 Futures Tick Up After January Inflation Data — Tri Pointe Homes, Roku, Expedia In Focus (UPDATED)
Bullish
50.7
(Editor’s note: The future prices of benchmark tracking ETFs, the lede, the economic data, and the headline were updated in the story.)
U.S. stocks ticked up on Friday following Thursday’s lower close. Futures of major benchmark indices were higher.
Inflationary pressures showed signs of easing in the first month of the year as the Consumer Price Index (CPI) rose a modest 0.2% in January on a seasonally adjusted basis. This resulted in an annual inflation rate of 2.4%, a deceleration from the 2.7% recorded in December and slightly cooler than the 2.5% many economists had anticipated.
The “core” index—which excludes volatile food and energy—remained slightly stickier with a 0.3% monthly increase and a 2.5% annual rise.
Meanwhile, the 10-year Treasury bond yielded 4.12%, and the two-year bon
U.S. stocks ticked up on Friday following Thursday’s lower close. Futures of major benchmark indices were higher.
Inflationary pressures showed signs of easing in the first month of the year as the Consumer Price Index (CPI) rose a modest 0.2% in January on a seasonally adjusted basis. This resulted in an annual inflation rate of 2.4%, a deceleration from the 2.7% recorded in December and slightly cooler than the 2.5% many economists had anticipated.
The “core” index—which excludes volatile food and energy—remained slightly stickier with a 0.3% monthly increase and a 2.5% annual rise.
Meanwhile, the 10-year Treasury bond yielded 4.12%, and the two-year bon
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
