Futures Show Notable Move To The Upside Following Inflation Data

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to see initial strength after ending yesterday's choppy trading session moderately lower.

The futures showed a notable move to the upside following the release of the Labor Department's closely watched report on consumer price inflation in the month of July.

The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations...

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