US PCE Price Index MoM (Dec) M/M 0.4% vs. Exp. 0.3% (Prev. 0.2%, Low. 0.2%, High. 0.4%)
The US PCE Price Index for December came in at 0.4% month-over-month, 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 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-anticipated inflation data could indicate persistent price pressures, prompting the market to reassess the Fed's policy stance and likely affecting expectations for future interest rate hikes.
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