Stock Market Today – 5/10: Stocks Higher Ahead of April Inflation Data; Crypto In Focus As TerraUSD Plummets

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The Street

By Martin Baccardax Investors are looking for another sign of easing inflation pressures in the April CPI reading to tame the recent stock market rout on Wall Street. U.S. equity futures moved higher Wednesday, while the dollar eased and Treasury bonds steadied, as investors looked to a key reading of domestic inflation prior to the start of trading to provide relief from the market’s ongoing weakness. April inflation pressures are expected to have eased modestly from the early 1981 highs recorded over the month of March, although it remains to be seen as to whether that will signal both a pea…

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