Wall Street saw modest gains before the bell Wednesday as investors await a pair of important economic reports and more corporate earnings results. Futures for the Dow Jones industrials inched up 0.2% and futures for the S&P 500 rose 0.3%. Wall Street will get another inflation update on Wednesday, when the government issues its December report on producer prices, which tracks prices before they are passed on to consumers. The government will also release retail sales data for December, which should give investors more insight into how inflation affected consumer spending during the all-important holiday season. Bangkok’s SET gained 0.1% while the Sensex in Mumbai was up 0.6%.
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