U.S. stocks: Futures climb ahead inflation data, Apple Stocks set to rebound after geopolitical-driven decline LONDON (MarketWatch) — U.S. stock futures indicated a slightly higher open on Wall Street on Tuesday, ahead of inflation and housing data. Prominent earnings reports from Coca-Cola Co. and McDonald’s Corp. will come premarket, with Apple Inc. reporting after the closing bell.
Futures for the Dow Jones Industrial Average (CBE:DJU4) rose 26 points, or 0.2%, to 17,009, while those for the S&P 500 index (GLC:SPU4) picked up 2.90 points, or 0.2%, to 1,969.20. Futures for the Nasdaq 100 index (GLC:NDU4) climbed 7.75 points, or 0.2%, to 3,933.50.
Investors are facing a busy day both on the data and the corporate front, with second-quarter results set to come through thick and fast.
The highlight among macroeconomic releases ia the June inflation report, due at 8:30 a.m. Eastern Time. It is forecast to show consumer prices rose 0.3% in June , slower than the 0.4% reported in May. Rising gasoline and food prices likely drove the expected increase in consumer prices, according to economic forecasts.
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