Stock Futures, Treasury Markets Flat As They Await Inflation Report

There was very little movement in both US stock futures and the Treasury market late last week.

The regular US CPI print is due next Tuesday.

One potential catalyst could come in the shape of annual revisions to monthly US inflation data — after last year’s adjustments cast doubt on the Federal Reserve’s progress in taming inflation, Bloomberg News reported.

The regular US CPI print is due next Tuesday. The S&P 500 briefly crossed the 5,000 milestone on Thursday but closed about two points below that level, so we’ll be watching out for that at the open.

Bank of America’s Michael Hartnett says his team’s bull-and-bear indicator is close to triggering a sell signal on US stocks, after last week he said the rush into technology stocks was beginning to resemble the bubble of 1999.

And Expedia shares are down 15% in early trading after announcing a sudden CEO change.

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