U.S. Stock Futures Bounce Back as Market Turmoil Dissipates Ahead of Inflation Data

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U.S. stock futures were trading with measurable gains on Wednesday as the fallout from Secretary of State Rex Tillerson's firing and the imposition of more trade restrictions on China on Tuesday dissipates ahead of what is expected to be more market-friendly inflation data.

Producer prices are forecasted to have risen a modest 0.2% in February for both the nominal and core index, half of the increase reported in January.

Also, retail sales are expected to be up 0.4% across the board, reversing January's contraction.

Both sets of data will be released at 8:30am ET.

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This article appears in: Investing , Stocks

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