US STOCKS-Futures dip ahead of producer price data [Reuters]
Morgan Stanley (MS)
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Source: Reuters
Stock futures dip ahead of producer price data | Reuters 3 Min Read (Reuters) - U.S. stock index futures were slightly lower on Wednesday on lingering concerns around slowing global growth, while investors awaited producer price data for a reading on inflation. The U.S. Labor Department is expected to report that its producer price index (PPI) for final demand rose 0.2 percent in September, after an unexpected drop in August. The report is due at 8:30 a.m. ET (1230 GMT). A recent string of healthy economic data, including strong jobs and services sector activity last week, has fanned fears of rising inflation and faster interest rate hike. That has pushed up U.S. Treasury yields to seven-and-a-half-year highs, which has weighed on the stock market. Alongside those concerns, investors also have to consider the impact of the U.S.-China trade war on the global economy. The International Monetary Fund on Tuesday cut its global growth forecast for 2018 and 2019, saying the United States an
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- 4/16/24 - Beat
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Sec Filings
- 4/25/24 - Form 424B2
- 4/25/24 - Form 424B2
- 4/25/24 - Form 424B2
- MS's page on the SEC website