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US Stock Futures Signal Higher Start On Wall Street; Crude Oil Rises

Benzinga Real-time News ·  Sep 12, 2022 05:34

Pre-open movers

U.S. stock futures traded higher in early pre-market trade on Monday after recording gains on Friday. The Dow Jones surged around 1.2%, while the Nasdaq Composite jumped 250 points in the previous session. The major indices on the Wall Street also notched their first weekly rise in four weeks. For the week, the Dow gained 2.7%, while the S&P 500 surged 3.6%.

Markets are now awaiting August's consumer prices data, due on Tuesday, to look out for any signs of easing in inflation level. Annual inflation is seen declining to an 8.1% rate in August, compared to 8.5% in July.

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