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Nasdaq set to lead Wall Street rebound ahead of July CPI data amid inflation concerns.

Market News
11 Aug 2026
Proactive Investors
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Neutral
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Nasdaq futures indicate a 0.3% gain as Wall Street anticipates a cautious recovery ahead of the July Consumer Price Index (CPI) release. Rising oil prices near $88 per barrel have reignited inflation worries, complicating the Federal Reserve's policy decisions despite recent soft US jobs data. This has led to higher US Treasury yields and mixed European market performance. Investors remain cautious as the CPI data will influence the Fed's next moves on interest rates.

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