Stocks are rising on inflation data, not Trump's China deal
US stock futures (ES=F, NQ=F, YM=F) are higher Wednesday morning, but it's not because President Trump said there's a US–China trade deal in the works. Rather, it's because May's Consumer Price Index (CPI) showed that inflation rose less than expected.
Yahoo Finance Markets Reporter Josh Schafer sits down with Madison Mills and Brad Smith on Morning Brief to discuss how investors have shifted their focus from trade policy to economic data.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
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