Wall Street Holds Its Breath: Dow, S&P 500, and Nasdaq Futures Flatline Ahead of July Inflation Bombshell
Markets hover in suspense as traders white-knuckle their way toward the July CPI report—another chance for the Fed to justify its love affair with rate hikes.
Futures flatline while Wall Street sweats
No major moves pre-data drop, just the usual pre-inflation jitters. The Dow, S&P 500, and Nasdaq futures are all playing statue—because why commit when the Fed might nuke your positions by lunchtime?
The real question: Will inflation data be the pin that pops this speculative bubble... or just another excuse for institutional traders to fake a crisis?
Bonus jab: If stocks rally on 'less bad' inflation, remember—this is the same market that celebrated 'only' a 0.5% drop in GDP last quarter. Standards are... flexible.