US Stocks Rise Ahead of Inflation Data; Banks Show Mixed Earnings
US stock futures, including the S&P 500 and Dow, rose ahead of the US consumer price index release. Banks like JPMorgan Chase and Goldman Sachs reported mixed earnings, indicating a slowdown in the dealmaking and trading boom that drove record first-half profits. Executives cited bond market turmoil as a factor affecting activity. Investors await inflation data for Federal Reserve rate guidance.
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