Stock market news today: Stock futures soar after cool inflation print


Source: finance.yahoo.com finance.yahoo.com

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US stock futures popped on Tuesday as investors digested a cooler-than-expected inflation print and bond yields fell. Dow Jones Industrial Average (^DJI) futures were up nearly 1%. Benchmark S&P 500 (^GSPC) futures rose around 1.2%, while those on the tech-heavy Nasdaq 100 (^NDX) added almost 1.6%. Yields dropped on the news. The 10-year Treasury yield shed 11 basis points to trade at 4.51%, while the 30-year Treasury yield declined roughly 9 basis points to 4.66%. On the corporate side, Home Depot's (HD) quarterly results showed a smaller-than-expected decline in same-store sales. The home-improvement retailer will lead out reports from the...