US Core PCE Price Index MoM (Dec) M/M 0.4% vs. Exp. 0.3% (Prev. 0.2%, Low. 0.2%, High. 0.4%)
The US Core PCE Price Index for December came in at 0.4%, beating expectations of 0.3%.
Daily US Equity Opening News - CRWV credit concerns arise; LYB slashes dividend; NVDA reportedly close to $30B OpenAI investment
US PRE-MARKET MOVERS: NVDA, CRWV, FIX, OPEN, ED, LYB, AKAM, GRAL, WTTR
US Core PCE Price Index MoM (Dec) M/M 0.4% vs. Exp. 0.3% (Prev. 0.2%, Low. 0.2%, High. 0.4%)
Apple (AAPL) has been questioned by Senator Blackburn on its Apple News' alleged bias, FOX news reports
HSR waiting period expires for Paramount Skydance (PSKY) offer to purchase Warner Bros Discovery (WBD) on the 19th of February
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This stronger-than-expected print suggests persistent inflationary pressures, potentially complicating the Fed's decision-making as it may reinforce the case for tighter monetary policy going forward.
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