Markets Steady After Worst Day For Us Stocks Since June 2020
U.S. stock futures were slightly higher. “Equity futures suggest the disaster stops here,” Robert Carnell, regional head of Asia-Pacific research at ING, wrote in a report on Wednesday. U.S. stocks fell on Tuesday, posting their worst day since June 11, 2020, after August inflation data surprised investors. The U.S. Consumer Price Index, which covers basic goods and services, rose 0.1 percent from July, beating economists’ expectations for a 0.1 percent drop....