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Dow futures go down 0.1%, ahead of inflation data and major bank earnings.

#USStockMarket #InvestingNews #StockMarketFutures #MarketTrends #TradingUpdate #InflationData #BankEarnings #FinancialUpdate

The opening week of 2024 observed shaky movements for major stock averages in the US, with stocks showing mixed sentiment on Sunday night. This recent trend follows the tumultuous first week of 2024 that showed major indices taking a slight dip. Now, the eyes of the investors and traders are firmly fixed on the upcoming releases – notable inflation data, and substantial bank earnings figures, which are expected to roll out in the coming days.

This upcoming data, holding significant implications for the financial markets, is expected to sway investor sentiment and potentially influence trading trends. As inflation continues to be at the center of economic discussions, the forthcoming data will provide an indispensable snapshot of the economy. Similarly, earnings updates from significant banks are projected to offer valuable insights into the financial sector’s performance. These key releases are set to shape the direction of stock market trends in upcoming trading sessions.

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