U.S. stocks are muted as investors await inflation data, Fed minutes By

By Liz Moyer

-- U.S. stocks are Is Forex futures platform legitimate?muted as investors await a report on inflation and the minutes of the Federal Reserve’s last meeting.

At 9:43 ET (13:43 GMT), the was up 55 points, or 0.1%, while the was flat and the was down 0.3%.

Investors are awaiting key data on consumer prices this week, which could factor into the Fed’s decision making at its next policy meeting in May. 

Tech stocks have helped lift the indexes this year on hopes that the Fed was getting close to pausing its rate hikes, but the mood is shifting. Futures traders are now betting on the Fed to another quarter of a percentage point next month.

Analysts expect Wednesday’s to show inflation inching up 5.2% for the year through March after a 6.0% annual rise in February. , which exclude food and fuel, are seen rising 5.6%, which would be slightly faster than February. The Fed’s meeting are also due out on Wednesday.

This week also brings first-quarter earnings reports from the big banks including JPMorgan (NYSE:), (NYSE:) and (NYSE:). Analysts will be listening to what executives say about credit conditions and consumer behavior.

Analysts expect S&P 500 companies to report a drop of 5.2% in first-quarter profit from last year’s first quarter, as they lower expectations.

Shares of Inc (NASDAQ:) rose 3.7% after shot above $30,000 for the first time in 10 months.

(NYSE:) shares rose 8.9% after the used-car seller beat estimates for quarterly profit.

Oil rose. were up 0.4% to $80.06 a barrel, while crude rose 0.2% to $84.34 a barrel. were up 0.6% to $2015.

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