Dow Futures Move Higher After Winning Week

By Oliver Gray – U.S. stock futures were trading higher during Sunday’s evening deals, after major benchmark averages snapped three consecutive weeks decline while market participants look ahead to key inflation data set to be released later in the week.

By 7:10pm ET (11:10pm GMT) and were up 0.3%, while lifted 0.4%.

Ahead in the week, investors will be closely monitoring August’s print, with annual inflation expected to slow to 8.1% from 8.5%, while inflation may fall by 0.1% to the first decline since May 2020. However, inflation likely rose 0.3% over the previous month, pushing the rate to 6.1% from 5.9%. Market participants will also be watching U.S. , and the .

During Friday’s session, the added 377.2 points or 1.2% to 32,151.7, the gained 61.2 points or 1.5% to 4,067.4 and the added 250.2 points or 2.1% to 12,112.3. For the week, the Dow added 2.7%, the S&P 500 gained 3.65% and the Nasdaq Composite lifted 4.1%.

On the bond markets, rates were at 3.315%.

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