Stock Futures Dropping Ahead of CPI Inflation Report as Markets Digest Trump-Harris Debate

  • September 11, 2024

U.S. stock futures were pointing to losses at the open as traders await the release of inflation data and digest the debate between presidential candidates Kamala Harris and Donald Trump. The main event for markets will be the release of the consumer price index. “Markets seem to have awarded Harris a victory on points… In FX [foreign exchange], a Trump win is associated with a stronger dollar, which is trading on the soft side across the board,” wrote ING analyst Francesco Pesole in a research note.