U.S. consumer price growth unchanged for July

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Futures Rise, Yields and Dollar Decline After July CPI Report

August 10, 2022 8:51 AM EDT

The S&P 500 futures are up 1.7% in premarket Wednesday after the U.S. CPI data rose at a slower-than-expected pace. The Nasdaq 100 futures are up 2.3%.

U.S. inflation was 8.5% in July, according to the Labor Department, while analysts were looking for an 8.7% increase. On a monthly basis, prices... More