Nasdaq, S&P 500 Futures Wobble On Inflation Data Anxiety: Why This Analyst Isn’t Sweating Over A Hot Print

Inflation jitters are weighing on the index futures on Wednesday, which point to a modestly lower open. A weaker-than-expected inflation print could reverse the sentiment and lead to a strong gain and an in-line report could also trigger a relief rally. On the contrary, if the numbers exceed expectations, near-term weakness cannot be ruled out as the Fed continues to swear by its resolve to fight inflation until it falls below its 2% target. Cues From Tuesday’s Trading In the absence of any major Main Street cues and amid a negative reaction toApple, Inc.’s (NASDAQ:AAPL) iPhone launch event, t…

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