NatalieLopez
9 Feb 24
Stocks are poised for a positive opening on Friday, with the S&P 500 briefly surpassing the 5,000 point milestone for the first time on record. This surge is driven by a strong earnings season, showcasing robust corporate profits and optimistic guidance. Currently, Dow and S&P 500 futures ar...
Stocks are poised for a positive opening on Friday, with the S&P 500 briefly surpassing the 5,000 point milestone for the first time on record. This surge is driven by a strong earnings season, showcasing robust corporate profits and optimistic guidance.
Currently, Dow and S&P 500 futures are slightly higher, with Nasdaq contracts showing a 0.3% advance. Quarterly results from PepsiCo and Enbridge are on the earnings calendar for today, along with a keen focus on revisions to the consumer price index. Last year's significant CPI data revision has prompted concerns about progress in managing inflation, making this an important area to watch for market participants and policymakers.
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