US STOCKS SNAPSHOT-Futures pare losses after tame inflation data


Warning: This material has been prepared by a third party company, Reuters, which is independent of Davy. Davy has not reviewed the material and accepts no responsibility for errors or omissions, or for the information or opinions contained therein. It does not constitute investment advice.

    June 12 (Reuters) - U.S. stocks futures pared losses on
Wednesday after data showed consumer prices barely rose in May,
pointing to moderate inflation that could increase pressure on
the Federal Reserve to cut interest rates this year.
    The Labor Department said its consumer price index edged up
0.1% last month, in line with expectations of economists polled
by Reuters. Excluding the volatile food and energy components,
the CPI nudged up 0.1% for the fourth straight month.*:nLNSCHEF59
     At 8:32 a.m. ET, Dow e-minis  1YMc1  were down 41 points,
or 0.16%. S&P 500 e-minis  ESc1  were down 4 points, or 0.14%
and Nasdaq 100 e-minis  NQc1  were down 19.5 points, or 0.26%.
    A few minutes earlier, Dow e-minis  1YMc1  were down 56
points, or 0.21%. S&P 500 e-minis  ESc1  were down 6.25 points,
or 0.22% and Nasdaq 100 e-minis  NQc1  were down 27.5 points, or

 (Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun
 (( ; within U.S.
+1-646-223-8780; outside U.S. +91 80 6749 9250 ; Reuters

Warning: This content may be provided by regulated and unregulated entities and is not created, reviewed or endorsed by Davy. It is provided for general information purposes only and does not constitute a recommendation or solicitation to purchase or sell any security or make any other type of investment or investment decision. Importantly, it does not constitute investment advice, as it does not contemplate the personal circumstances of any particular person or group of persons. Neither Davy nor the providers of the Third Party Content will be liable for any investment decision made based on the reliance on or use of such data, or any liability that may arise due to delays or interruptions in the delivery of the Third Party Content for any reason.