US stock futures were little changed on Tuesday as investors braced for key inflation data this week. In regular trading on Monday, the Dow and S&P 500 shed 0.21% and 0.02%, respectively, while the Nasdaq Composite rose 0.29%. The Dow also snapped an 8-day winning streak. A New York Federal Reserve report showed that consumers’ inflation expectations over the short and long term increased in April, denting market sentiment. Investors now look ahead to PPI data on Tuesday and the CPI report on Wednesday for fresh insights on price trends. Markets also await retail sales figures and Fed Chair Jerome Powell’s remarks on Tuesday. In corporate news, Apple gained 1.7% after finalizing a deal with OpenAI to integrate ChatGPT on the iPhone. GME and AMC also both surged more than 70% after social media star “Roaring Kitty” posted on X, igniting the meme-stock craze.
The main stock market index in the United States (US500) increased 446 points or 9.36% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. Historically, the United States Stock Market Index reached an all time high of 5268 in March of 2024. United States Stock Market Index - data, forecasts, historical chart - was last updated on May 14 of 2024.
The main stock market index in the United States (US500) increased 446 points or 9.36% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from United States. The United States Stock Market Index is expected to trade at 4951.34 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4762.24 in 12 months time.