{"id":13932,"date":"2021-09-14T12:07:15","date_gmt":"2021-09-14T12:07:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/14\/u-s-stocks-may-open-on-mixed-note-inflation-data-in-focus\/"},"modified":"2021-09-14T12:07:15","modified_gmt":"2021-09-14T12:07:15","slug":"u-s-stocks-may-open-on-mixed-note-inflation-data-in-focus","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/14\/u-s-stocks-may-open-on-mixed-note-inflation-data-in-focus\/","title":{"rendered":"U.S. Stocks May Open On Mixed Note; Inflation Data In Focus"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Data on U.S. consumer price inflation is likely to set the trend for U.S. stocks Tuesday morning. Major index futures are currently little changed from previous levels, indicating a somewhat flat start.<\/p>\n<p>Data on consumer price inflation for the month of August is due out at 8:30 AM ET.  The consumer price index climbed by 0.5 percent in July after jumping by 0.9 percent in June. June&#8217;s reading was the biggest increase since June of 2008.<\/p>\n<p>Stocks moved mostly higher on Monday, with the Dow and the S&amp;P 500 both snapping five-session losing streaks. The Nasdaq bucked the uptrend, however, as the tech-heavy index closed lower for the fourth straight session.<\/p>\n<p>The Dow climbed 261.91 points or 0.8 percent to 34,869.63 and the S&amp;P 500 rose 10.15 points or 0.2 percent to 4,468.73. Meanwhile, the Nasdaq climbed off its worst levels but still edged down 9.91 points or 0.1 percent to 15,105.58.<\/p>\n<p>Oracle Corp. (ORCL), Monday reported a first-quarter profit that trumped Wall Street estimates, driven by continued demand for cloud services and other software. However, revenues for the quarter fell shy of analysts expectations.<\/p>\n<p>Oracle reported first-quarter profit of $2.46 billion or $0.86 per share, up from $2.25 billion or $0.72 per share last year. Revenues for the quarter rose 4% to $9.73 billion from $9.37 billion last year. Analysts had a consensus revenue estimate of $9.77 billion.<\/p>\n<p>Apple Inc. (APPL) will be in focus. The company is expected to announce new versions of the iPhone, the Apple Watch and Airpods. <\/p>\n<p>Asian stocks ended mixed on Tuesday as investors awaited U.S inflation data for more clues on the <span class=\"landLinks\">health<\/span> of the world&#8217;s largest <span class=\"landLinks\">economy<\/span> and when the Federal Reserve could start rolling back easy credit and other stimulus.<\/p>\n<p>European stocks are largely subdued with investors making cautious moves, looking ahead to U.S. inflation data for hints on monetary policy outlook.<\/p>\n<p>In commodities, West Texas Intermediate Crude oil futures are continuing to move higher. WTI crude futures for October are up $0.30 or 0.43% at $70.75 a barrel. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>U.S. Stocks May Open On Mixed Note; Inflation Data In Focus<\/a><br \/>\n<br \/>2021-09-14 12:07:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data on U.S. consumer price inflation is likely to set the trend for U.S. stocks Tuesday morning. Major index futures are currently little changed from previous levels, indicating a somewhat&#8230;<\/p>\n","protected":false},"author":2,"featured_media":13933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":{"0":"post-13932","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-us-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=13932"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/13932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/13933"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=13932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=13932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=13932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}