US Core PPI YoY (Feb) Y/Y 3.9% vs. Exp. 3.7% (Prev. 3.6%, Low. 3.1%, High. 3.9%)
The US Core PPI printed at 3.9% YoY for February, beating expectations of 3.7% and above the prior reading of 3.6%.
Israel is targeting civilian infrastructure in Iran in a "major escalation", Al Jazeera reports citing an informed Israeli source
Daily US Equity Opening News - NVDA CEO says received orders from China for H200 processors; LULU soft guidance; M earnings beat
US Core PPI YoY (Feb) Y/Y 3.9% vs. Exp. 3.7% (Prev. 3.6%, Low. 3.1%, High. 3.9%)
Iranian State TV suggest phases 3, 4, 5, 6 of South Pars gas field were hit
US PRE-MARKET MOVERS: NVDA, GIS, LULU, M, RKLB, CF, XYZ
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This stronger-than-anticipated inflation indicator could lead to a reassessment of the Fed's monetary policy stance, suggesting persistent inflationary pressures that may influence future rate decisions.
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