S&P 500 futures are trading lower as investors anticipate the release of April's Personal Consumption Expenditure (PCE) price index. The PCE index is the Federal Reserve's preferred measure of inflation, and its reading will heavily influence market expectations for future monetary policy.
S&P 500 Futures Decline Ahead of Key April PCE Inflation Data
inflationPCEFedinterest-ratesmarket-futuresUS-economy
