Close Menu
  • Home
  • Stock
  • Parenting
  • Personal
  • Fashion & Beauty
  • Finance & Business
  • Marketing
  • Health & Fitness
  • Tech & Gadgets
  • Travel & Adventure

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Chennai City Gangsters Now Streaming on Amazon Prime Video: What You Need to Know About This Tamil Comedy Drama

julio 16, 2025

US$1.3bn Myanmar earthquake biggest non-US insured loss event in H1 2025 as global total tops US$84bn: Gallagher Re

julio 16, 2025

Europe’s Arms Makers Get a Boost From Trump’s NATO Demands

julio 16, 2025
Facebook X (Twitter) Instagram
  • Home
  • Contact us
  • DMCA
  • Política de Privacidad
  • Publicidad en DD Noticias
  • Sobre Nosotros
  • Términos y Condiciones
Facebook X (Twitter) Instagram
DD Noticias: Tu fuente de inspiración diariaDD Noticias: Tu fuente de inspiración diaria
  • Home
  • Stock
  • Parenting
  • Personal
  • Fashion & Beauty
  • Finance & Business
  • Marketing
  • Health & Fitness
  • Tech & Gadgets
  • Travel & Adventure
DD Noticias: Tu fuente de inspiración diariaDD Noticias: Tu fuente de inspiración diaria
Home » Futures inch up as focus shifts to key inflation data
Personal Development

Futures inch up as focus shifts to key inflation data

Jane AustenBy Jane Austenfebrero 28, 2025No hay comentarios3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


(Reuters) – U.S. stock index futures inched up on Friday, steadying after sharp declines earlier this week, as investors shifted their focus to a key inflation figure that could influence expectations regarding the Federal Reserve’s monetary policy trajectory.

At 5:25 a.m. ET, Dow E-minis were up 124 points, or 0.29%, S&P 500 E-minis were up 17.5 points, or 0.30% and Nasdaq 100 E-minis were up 48 points, or 0.23%.

The Personal Consumption Expenditure index – the Fed’s preferred inflation gauge – is due at 8:30 a.m. ET. The data is expected to show prices increased by 2.5% in January on an annual basis, compared with a 2.6% rise in the month before.

Excluding volatile items such as food and energy, the index is forecast to rise 2.6% in the previous month, compared with a 2.8% increase in December.

Friday’s report would be crucial for investors trying to gauge the central bank’s next policy move at a time when policymakers have reiterated a hawkish stance on interest rate as they take stock of the potentially inflationary effect the new Donald Trump administration’s policies could potentially have on the economy.

Traders see the Fed lowering borrowing costs by 25 basis points for the first time this year in July, according to data compiled by LSEG, and later in the day, investors will assess comments from Chicago Fed President Austan Goolsbee.

Multiple recent reports suggesting a stalling economy and concerns that technology companies such as Nvidia and Microsoft might be overspending on artificial intelligence infrastructure have put Wall Street’s main indexes on track for monthly declines.

The benchmark S&P 500 has logged declines in five of the past six sessions and is poised for its biggest one-month drop since April 2024, while the tech-heavy Nasdaq is down over 8% from its all-time high and is set for its steepest one-month fall since September 2023.

In premarket trading, Nvidia edged up 0.5% after an 8.5% slide in the previous session, which evaporated $274 billion of its market value after the chip giant’s weaker-than-expected quarterly gross margin forecast overshadowed an upbeat revenue outlook.

Dell lost 2.1% after the PC maker forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build AI servers.

Peer HP Inc fell 3.3% after its quarterly profit forecasts missed expectations.

Megacaps such as Alphabet and Meta edged up 0.5% each, while rate-sensitive banks such as JPMorgan Chase & Co inched up 0.3% and Bank of America edged 0.2% higher.

Story Continues

Trump’s latest threat to slap an extra 10% duty on imports from China hit U.S.-listed China stocks such as Alibaba and Xpeng that fell 4.4% and 8%, respectively.

Trump also said his proposed 25% tariffs on Mexican and Canadian goods would take effect on Tuesday.

Crypto stocks such as MicroStrategy dropped 2.8% and Coinbase lost 2.6% tracking bitcoin prices that fell below $80,000.

(Reporting by Johann M Cherian in Bengaluru; Editing by Maju Samuel)



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Jane Austen
  • Website

Related Posts

Buy, Sell, or Hold Post Q4 Earnings?

marzo 17, 2025

Buy, Sell, or Hold Post Q4 Earnings?

marzo 17, 2025

Buy, Sell, or Hold Post Q4 Earnings?

marzo 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Fast fashion pioneer Forever 21 files for bankruptcy — again

marzo 18, 2025

Dow gains 350 points as stocks climb for 2nd day after S&P 500 enters correction

marzo 18, 2025

Yellow Creditors Have Own Plan to Share Trucker’s $550 Million

marzo 18, 2025

Alphabet in Talks to Buy Startup Wiz for $30 Billion, WSJ Says

marzo 18, 2025
Top Reviews
DD Noticias: Tu fuente de inspiración diaria
Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
  • Home
  • Contact us
  • DMCA
  • Política de Privacidad
  • Publicidad en DD Noticias
  • Sobre Nosotros
  • Términos y Condiciones
© 2025 ddnoticias. Designed by ddnoticias.

Type above and press Enter to search. Press Esc to cancel.