Nasdaq futures price opened marginally higher today

Nasdaq futures price opened marginally higher today, tracking overnight gains in tech-heavy stocks. Traders are closely watching inflation data due later this week, as stronger-than-expected numbers could pressure the Federal Reserve to keep interest rates elevated, potentially affecting valuations in the growth sector. Are you a shareholder? It seems like the market has already priced in EXPE’s positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven’t considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at EXPE? Will you have enough conviction to buy should the price fluctuate below the industry PE ratio? The closely watched August Consumer Price Index report is out. Yahoo Finance's Allie Canal reports what the data says: Nasdaq futures price pulled back from session highs after profit-taking hit chipmakers. Pre-earnings positioning in software and e-commerce plays indicates tactical investor caution ahead of major reports.