Investors are anticipating more economic reports ahead of the Federal Reserve's December policy meeting.
U.S. stock futures fell Monday as investors awaited more economic data ahead of the Federal Reserve's December policy meeting later this month.
Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week. "One of the things we're concerned about is that even if inflation heads lower from here, the cost of getting from, say, a 4% rate of inflation to 2% becomes increasingly high. It would likely come with some significant shakeout amongst businesses and the labor market," Baird's Nicholas Bohnsack said in a Friday note.
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