U.S. stock futures rose after China eased monetary policy and traders waited for U.S. inflation data that may cement a Fed rate-hike pause.
How are stock-index futures trading On Monday, the Dow Jones Industrial Average DJIA rose 190 points, or 0.56%, to 34066, the S&P 500 SPX increased 40 points, or 0.93%, to 4339, and the Nasdaq Composite COMP gained 203 points, or 1.53%, to 13462.How are stock-index futures trading On Monday, the Dow Jones Industrial Average DJIA rose 190 points, or 0.56%, to 34066, the S&P 500 SPX increased 40 points, or 0.93%, to 4339, and the Nasdaq Composite COMP gained 203 points, or 1.53%, to 13462.
However, the broad positivity will be tested at 8:30 a.m. Eastern when the U.S. consumer price index for May will be published, analysts noted. Such a decline in price pressures should help the Federal Reserve leave interest rates unchanged after its policy meeting Wednesday, a scenario that has contributed to a sturdy equity market rally of late.
Such bullishness may have bred injudicious calm. The CBOE VIX index VIX , a gauge of expected S&P 500 volatility that usually rises at times of market stress, is around 15, well below its long-run average of 20.
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