Stocks Move Higher Before the Open as Investors Await U.S. Inflation Data

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March S&P 500 futures (ESH23) are trending up +0.31% this morning after three major U.S. benchmark indices ended the regular trading session in a mixed fashion as fear of a U.S. banking crisis continued to weigh on investor sentiment ahead of a crucial U.S. inflation report. In Monday’s trading session, the benchmark S&P 500 and the blue-chip Dow ended in the red as concerns about the ongoing turmoil in the banking sector continued to weigh on sentiment despite action from regulators. Energy stocks also slumped as the prices of WTI crude oil fell more than -2% to a 5-week low as SVB’s collapse…

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