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Wall Street set for stronger open after inflation print; airlines slump on Delta forecast

A Labor Department report showed the Consumer Price Index fell 0.1% on a monthly basis in June, versus the 0.1% increase forecast by economists polled by Reuters. Annually, it increased 3%, lower than the expected 3.1% rise.

The core figure, which excludes volatile food and energy components, rose 0.1% on a monthly basis, against an expectation of a 0.2% advance. Annually, it gained 3.3%, versus an estimated 3.4% increase.

At 8:32 a.m. ET, Dow e-minis were up 73 points, or 0.18%, S&P 500 e-minis were up 13.25 points, or 0.23%, and Nasdaq 100 e-minis were up 64.5 points, or 0.31%.


Source: Economy - investing.com

Delta shares fall as a glut of flights drives down fares despite high demand

Explainer-Charting the Fed’s economic data flow