Wall Street seen flat to higher ahead of data

By Jeff Davies
Retail Crowd

United States stock index futures pointed towards a relatively flat open, pointing higher as investors focused on the inflation data due for release before the bell on Wall Street. Meanwhile, the geopolitical tensions with Iran continued after United States President Donald Trump announced on Tuesday he will take his country out of the Joint Comprehensive Action Plan for the Iranian nuclear program, known as Iran nuclear deal, and slap the OPEC nation with additional sanctions. This, in turn, boosted the crude market.

The Dow Jones Industrial Average was seen almost flat, up 0.02% at the start of the session, the S&P 500 was expected to open 0.07% higher, while the Nasdaq 100 was seen advancing 0.12%.

The euro added 0.26% against the greenback to sell for 1.1882 at 12:34 pm GMT.