Premarket U.S. Stocks Edge Higher After PCE Inflation Data
TL;DR Summary
Stock futures rose about 0.4% in premarket trading after the latest PCE inflation data showed a 2.8% year-over-year rise and a hotter core reading, with oil prices easing as traders weigh the Fed’s likely path; Dow, S&P 500, and Nasdaq futures were higher ahead of the open, aided by a BEA GDP revision to 0.7% annual growth for Q4 and modest moves in Treasury yields.
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