U.S. stock futures traded nearly unchanged on Monday evening ahead of Tuesday’s release of the October consumer price index. Economists polled by Dow Jones expect headline CPI to rise 0.3% and core CPI to increase 0.2% from the prior month, following increases of 0.6% and 0.3% in September. Markets had spent the previous week worrying about a slowdown in data-center investment after Democrats won major midterm election victories. The Dow Jones gained 2.2%, the S&P 500 added 2.4% and the Nasdaq Composite rose 2.7% on Monday, while Nvidia shares fell 4% amid an internal investigation involving chief executive Jensen Huang. Oil prices also declined, with West Texas Intermediate futures settling more than 4% lower and Brent crude futures dropping over 5%.
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