Stock futures are higher Friday morning as investors respond to a steady stream of earnings reports and await the release of a closely followed inflation indicator.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
On Wednesday, the Dow Jones Industrial Average (DJIA) remained steady, hovering around 44,700, shedding around 130 points but holding steady through the midweek market session. The major equity index is currently near its all-time highs above 45,000, but stock traders still have a bit of work to do to push bids back into those record peaks.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
The Dow Jones rose Friday on strong Apple earnings and key inflation data, while Deckers stock plunged on earnings results.
The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% annually.
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday's DeepSeek Dive.
Wall Street stocks opened higher on Friday, led by gains in Apple following its upbeat results and on an in-line Federal Reserve-preferred inflation.
The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows.
The stock market fell on Wednesday as a wave of upcoming Big Tech earnings reports overshadowed the Federal Reserve’s interest-rate decision. The Dow Jones Industrial Average fell 137 points, or 0.3%.
ET, the Dow Jones Industrial Average rose 0.26 per cent, the S&P 500 gained 0.43 per cent, the Nasdaq Composite gained 0.82 per cent