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U.S. Stock Futures Diverge as Traders Await Inflation Report

S&P 500 futures gained less than 0.1%, while Nasdaq-100 futures fell 0.4%. WTI crude dropped 2% to about $85 a barrel, its lowest level since late August.

By Enna Lee
Published
A steel oil barrel catches contrasting green and red reflections / TokenPost.ai
A steel oil barrel catches contrasting green and red reflections / TokenPost.ai

U.S. stock futures moved in opposite directions Nov. 10 as investors awaited inflation data that could influence expectations for a possible Federal Reserve rate increase next month.

S&P 500 futures gained less than 0.1%, while Nasdaq-100 futures fell 0.4%. The divergence followed the strongest session for U.S. stock futures since April. The move recalled earlier market attention to S&P 500 futures ahead of inflation data.

WTI crude fell 2% to about $85 a barrel, its lowest level since late August. Investors were watching the inflation report for its potential effect on the Fed’s rate decision next month.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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