Investors are waiting for key inflation and housing numbers due out at 8:30 EST today. Per Briefing.com, Consumer Price Index (CPI) data is expected to show prices increasing 0.3% in January vs. 0.4% in December. In addition, housing starts are expected to come in at a tepid 1,015K vs. 1,004K in December. Futures are already trading lower in anticipation of the news - we’ll stay glued to the stock market news wire and provide the actuals as soon as they are released.
Tags: stock market news