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MarketWatch
U.S. stock futures point to cautious open as inflation data looms
U.S. stock futures were barely changed as wariness over inflation and rate rises suppressed risk appetite. On Friday, the Dow Jones Industrial Average (DJIA) rose 169 points, or 0.5%, to 33869, the S&P 500 (SPX) increased 9 points, or 0.22%, to 4090, and the Nasdaq Composite (COMP) dropped 71 points, or 0.61%, to 11718. Investors remained wary about the prospects for more interest rate hikes by the Federal Reserve as they await the January consumer price inflation report due on Tuesday.
