US PCE Prices QoQ Adv (Q4) Q/Q 2.9% vs. Exp. 2.8% (Prev. 2.8%)
The US PCE Prices for Q4 showed a 2.9% increase, slightly beating expectations of 2.8% and matching the previous quarter's growth.
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 Prices QoQ Adv (Q4) Q/Q 2.9% vs. Exp. 2.8% (Prev. 2.8%)
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 uptick could indicate persistent inflation pressures, which may lead to discussions around tightening monetary policy and impact rate expectations moving forward. Keep an eye on how this influences the broader market sentiment, particularly in the USD and fixed income space.
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