DJI: Dow Jones Futures Turn Up After Losing Week, US Inflation Data Ahead

All three major stock indexes finished the week in the red. Investors gird up for an action-packed week with inflation data looming.

• Dow Jones DJI futures were higher in pre-market trading on Monday. Last week, the 30-stock index logged a down week, erasing 0.6% as September kicked off in its true fashion as a deal breaker. The other two major benchmarks were also in the red – the S&P 500 dropped 1%, and the Nasdaq Composite slipped 1.6%.
• Money managers appear willing to try and change the narrative as Dow Jones futures contracts were up about 0.2% earlier today. The main character this week will be the CPI – August’s US inflation data is scheduled for Wednesday. Analysts think prices ticked up to 3.6%, from 3.2% in July.
• The blue-chip Dow has added about 4.3% this year, making it the laggard of the pack. The S&P 500 is higher by more than 16% and the Nasdaq Composite is standing tall with its 32% year-to-date mad gains. In Europe, rival Stoxx 600 is up about 6% for the same time span.