U.S. stock futures inch higher ahead of inflation reports this week
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U.S. stock futures rose slightly as investors await key inflation reports this week, including the consumer-price index on Tuesday and the producer-price index on Thursday. The Dow Jones Industrial Average futures increased by 0.1%. The market's recent gains may be challenged by potential hotter inflation data, raising concerns about stagflation. Additionally, President Trump will meet with President Putin to discuss Ukraine, which could impact various markets. Last week, major indices saw significant gains, with the Nasdaq Composite reaching a record high.
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