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US stock futures flat amid semiconductor decline, awaiting CPI release

Investing.com +1 ·

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  1. 1US stock futures remained nearly unchanged after Wall Street closed lower due to a decline in semiconductor stocks.
  2. 2The Philadelphia Semiconductor Index fell for the fifth consecutive trading day.
  3. 3Investors are awaiting the September Consumer Price Index report to gauge the Federal Reserve's interest rate outlook.

So what's the key point?

The US stock market slowed down as semiconductor-related stocks fell. Investors are waiting to see how the inflation data will turn out.

Source Investing.com +1 · View original ↗

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