Wall Street Investors Can't Sleep Well As Long as the CPI Doesn't Appear

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US stock futures remained steady on Tuesday as investors awaited key inflation data this week to gauge the strength of the US economy ahead of a policy meeting in September.


In Monday trading, the Dow fell 0.36%, the S&P 500 was little changed and the Nasdaq Composite rose 0.21%, with the major average struggling to build a near-term recovery.


Real estate, communications services and consumer staples stocks were the biggest laggards, while technology, energy and utility stocks outperformed the market.


Shares of flagship company Nvidia rose 4% as the chipmaker sought to ease concerns about its upcoming processors.


Meanwhile, Qualcomm declined 1% after being downgraded from Outperform to Peer Perform.


JetBlue Airways also plunged 20.7% after announcing plans to borrow $2.75 billion, using its loyalty program as collateral.


Retail giant Home Depot will report its latest earnings on Tuesday.

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