Market

US Markets Mostly Higher Ahead of Crucial CPI Report

Investors Await Key Economic Data

On Wednesday premarket, major US stock markets exhibited mostly positive movement as investors eagerly anticipated critical economic data, including a new inflation report. This release is expected to shed light on the Federal Reserve's future monetary policy decisions.

Additional Reports on the Horizon

Market observers are also looking forward to the Mortgage Bankers Association's (MBA) mortgage applications report and the latest crude oil stock data from the Energy Information Administration (EIA).

Market Indicators at 4:30 am ET

At 4:30 am ET, the Dow Jones Industrial Average showed a slight decline of 0.06%, whereas the Nasdaq 100 and the S&P 500 experienced increases of 0.23% and 0.14%, respectively. Simultaneously, the euro dropped 0.22% against the dollar, trading at $1.05029.