Market Today U.S. and European futures are positioned lower as traders move cautiously before April’s PCE inflation reading and after fresh U.S.-Iran tension pushed oil higher again. S&P 500 futures were down 0.35%, Nasdaq 100 futures lost about 0.76%, and Dow futures slipped 104 points, while European futures also showed declines as global shares struggled....
Why U.S. and European Futures Are Falling Before Key Inflation Data
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Naeem Aslam
Naeem Aslam is a former hedge fund trader with over 15 years of trading expereince. He has worked for Bank of New York Mellon and Bank of America. He also writes investment columns for Nasdaq and delivers guest lectures at various universities such as the London School of Economics (LSE).
He regularly appears on tier-one media channels such as CNBC, Bloomberg, Fox Business and others.