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Stock futures inch higher after Dow, S&P snap 5-day losing streak - CNBC
Sep 13, 2021 53 secs
stock index futures were modestly higher during overnight trading on Monday, after the S&P 500 finished in the green, snapping a five-day losing streak.

The Dow and S&P both advanced during regular trading for the first time in six sessions as investors bet that some recent selling looked overdone.

Economists are expecting consumer prices to have risen 0.4% month over month during August, and 5.4% year over year, according to estimates from Dow Jones.

The print comes after producer prices jumped 8.3% year over year during August, marking the largest annual increase since records were first kept in November 2010.

The major averages are all down at least 1% for September, and RBC doesn't see the S&P 500 surging into the end of the year.

"We continue to think the S&P 500 will experience a bout of volatility/meaningful pullback before the year is up, a call that we've been making for the past several months due to elevated equity market sentiment and positioning," the firm wrote in a note to clients

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