July Inflation Shockwave: Dow, S&P 500, and Nasdaq Futures Stagnate as Wall Street Grapples with CPI Reality
Markets yawned at another inflation rodeo—because what’s another hot CPI print between friends?
Wall Street’s reaction? A collective shrug. Futures barely budged as traders priced in the Fed’s next 'transitory' narrative.
Key takeaways:
- Nasdaq futures flatlined like a DeFi project post-hack
- S&P 500 stuck in purgatory—too scared to rally, too stubborn to crash
- Dow Jones doing its best impression of Boomer Bitcoin skepticism
Another day, another inflation report that changes everything (until next month’s revision). Meanwhile, crypto markets quietly outperform—again.