US Financial Markets Closed Today for National Holiday Observance

US financial markets are closed today due to a national holiday, leaving Wall Street without trading activity. For more on recent market developments and economic headlines shaping investor sentiment, see our Important market update from Feb. 4 . Investors will return on Tuesday, though signs already point to the possibility of increased volatility in the sessions ahead. Friday ended on a mixed note, with traders closely watching the latest US macroeconomic data.

Inflation Data and Fed Policy Outlook

January inflation came in lower than expected, signaling a slower pace of price growth. However, this does not automatically suggest that the Federal Reserve will shift quickly toward rate cuts. Instead, softer inflation may allow policymakers to remain patient and avoid rushing monetary easing. A strong labor market report earlier in the week reinforced confidence in the economy and supported a cautious stance. Markets are currently pricing in no more than two rate cuts this year, reflecting restrained expectations.

Key Data Releases Ahead

Attention now turns to upcoming macroeconomic reports. Friday’s Personal Consumption Expenditures reading, the Fed’s preferred inflation gauge, will be closely monitored. Preliminary fourth-quarter GDP data will also be released on the same day. Alongside the ongoing earnings season, these reports could shape the short-term direction of US stock indexes.

Limited Movement in Futures Trading

US500 futures tied to the S&P 500 are moving within a narrow range, holding near their reference level. With the cash market closed and no major economic releases scheduled today, volatility remains subdued and investor activity is light. The market tone remains steady for now.

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