Stocks Mixed, Inflation, Veru, Cisco, Starbucks- 5 Things To Know


Here are five things you must know for Tuesday, April 12:

1. — Stock Futures Edge Lower, Treasury Yields Rise Ahead of March CPI Data

U.S. equity futures traded mixed Tuesday, while the dollar breached a fresh two-year high against its global peers and Treasury bond yields extended their recent surge, as investors braced for what could be a market-shaking reading of inflation in the world’s biggest economy.

The U.S. dollar index, which tracks the greenback against a basket of six global currencies, was marked 0.25% higher in overnight trading at 100.185, the highest in more than two years, as traders re-set currency levels ahead of the Federal Reserve’s signaling on higher interest rates.

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