Wall Street set for cautious open ahead of US inflation data
Donald Trump
PARIS :European stocks were mixed on Wednesday and Wall Street futures were down as traders were cautious about signs of U.S. tariffs causing inflation. Wall Street markets fell late on Tuesday and U.S. Treasury yields rose after U.S. consumer price data for June pointed to higher costs for some goods, prompting investors to scale back their expectations for U.S. Federal Reserve rate cuts. The threat of further tariffs also weighed on market sentiment after President Donald Trump on Tuesday
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