Feb 14 (Reuters) - U.S. stock index futures swung
between losses and gains on Tuesday after data showed consumer
prices accelerated in January but the pace of annual increase
slowed, likely keeping the Federal Reserve on a path of moderate
interest rate hikes.
A highly anticipated Labor Department report showed that
consumer prices climbed 0.5% in January, in line with economists
expectations.
On a year-on-year basis inflation rose 6.4% last month from
a 6.5% rise in December. Economists were expecting a 6.2% rise.
At 8:38 a.m. ET, Dow e-minis were down 8 points,
or 0.02%, S&P 500 e-minis were up 1.25 points, or 0.03%,
and Nasdaq 100 e-minis were down 8.25 points, or 0.07%.
(Reporting by Johann M Cherian in Bengaluru; Editing by
Saumyadeb Chakrabarty)
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