Stocks Edge Lower Ahead of Inflation Data and Earnings Reports; Biden to Meet With Xi
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U.S. stock futures edged lower ahead of key inflation data and after Moody's downgraded its U.S. credit outlook.
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October CPI inflation data on Tuesday will be closely watched for signals on future Fed interest rate hikes.
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Major retailers like Home Depot and Target to report earnings this week, providing insight into holiday consumer spending.
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U.S. President Biden to meet Chinese President Xi on Wednesday amid strained relations.
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Oil prices slipped lower on demand concerns, after posting weekly declines.